Mushe Semu, president of the Ethiopian Democratic Party (EDP), said this, while describing income inequality in Ethiopia.
The way that few people are getting richer, meteorically, shows the deep-seated problem of governmental investments, Mushe reflected in an exclusive interview with Yegna Press, an Amharic weekly, published on Tuesday, December 25, 2012.
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Mr Mushe must be from another galaxy or he has no understanding of the tenets of capitalism. "polarity" concentration of wealth in the hands of the minority. This is neither the working of ethiopian government or any other group or individual. In the most democratic country USA 98% of the wealth is in the hands of 1% of the population. What is the guy suggesting? going back to the days of communism and getting tangled in the economy of " equal distribution of poverty"? How is he planning to close the gap? His comments is unrealistic and base on ignorace of the basic principles of economics.
Mr Mushe must be from another galaxy or he has no understanding of the tenets of capitalism. "polarity" concentration of wealth in the hands of the minority. This is neither the working of ethiopian government or any other group or individual. In the most democratic country USA 98% of the wealth is in the hands of 1% of the population. What is the guy suggesting? going back to the days of communism and getting tangled in the economy of " equal distribution of poverty"? How is he planning to close the gap? His comments is unrealistic and base on ignorace of the basic principles of economics.
Mr Mushe must be from another galaxy or he has no understanding of the tenets of capitalism. "polarity" concentration of wealth in the hands of the minority. This is neither the working of ethiopian government or any other group or individual. In the most democratic country USA 98% of the wealth is in the hands of 1% of the population. What is the guy suggesting? going back to the days of communism and getting tangled in the economy of " equal distribution of poverty"? How is he planning to close the gap? His comment is unrealistic and based on ignorace of the basic principles of economics.