Thursday, March 3, 2011

Peak Oil Politics of Creative Destruction? Who is Behind the Revolt Against Gaddafi; and Why?




World cheers as the CIA plunges Libya into chaos

Wednesday, February 23, 2011
David Rothscum Reports




How was Libya doing under the rule of Gadaffi? How bad did the people have it? Were they oppressed as we now commonly accept as fact? Let us look at the facts for a moment.

Before the chaos erupted, Libya had a lower incarceration rate than the Czech republic. It ranked 61st. Libya had the lowest infant mortality rate of all of Africa. Libya had the highest life expectancy of all of Africa. Less than 5% of the population was undernourished. In response to the rising food prices around the world, the government of Libya abolished ALL taxes on food.

People in Libya were rich. Libya had the highest gross domestic product (GDP) at purchasing power parity (PPP) per capita of all of Africa. The government took care to ensure that everyone in the country shared in the wealth. Libya had the highest Human Development Index of any country on the continent. The wealth was distributed equally. In Libya, a lower percentage of people lived below the poverty line than in the Netherlands.

How does Libya get so rich? The answer is oil. The country has a lot of oil, and does not allow foreign corporations to steal the resources while the population starves, unlike countries like Nigeria, a country that is basically run by Shell.

Like any country, Libya suffers from a government with corrupt bureaucrats that try to gain a bigger portion of the pie at the cost of everyone else. In response to this, Kadaffi called for the oil revenue to be distributed directly to the people, because in his opinion, the government was failing the people. However, unlike the article claims, Kadaffi is not the president of Libya. In fact he holds no official position in the government. This is the big mistake that people make. They claim that Kadaffi rules over Libya when in fact he doesn't, his position is more or less ceremonial. He should be compared to a founding father.
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