Our Character, Our Future: on Foreign Policy

South Africa: Venture capital instead of foreign aid

Standard foreign aid projects, funneling money government-to- government through inefficient bureaucracies and political networks, will end up consuming millions while wasting South Africa’s most valuable resource. South Africa needs venture capital, the kind you get from corporations rather than governments. The people who spent so much time and effort getting investors to pull out of South Africa [on anti-apartheid platforms] need to organize just as massively for them to go back in.