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Photo Credit: Dave Proffer
Monthly Archives: November 2014
White Man’s Burden
When I first heard of this expression, I thought it was some general paternalistic phrase. But when I found out that it also came from Rudyard Kipling’s poem encouraging the colonization of the Philippines by the United States, it kinda … Continue reading
Posted in Classical/Enlightenment Thoughts, Development, Education, Social Studies
Tagged Adam Smith, capitalism, colonialism, economics, imperialism, investment, paternalism, poverty, racism, reform, society
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Foreign Exchange
Photo Credit: http://ocw.mit.edu/ans7870/21f/21f.027/rise_fall_canton_04/gallery_places/pages/cwC_1805_E78680_Flags.htm Before 1842, Canton (Guangzhou) was the only port in China open to foreigners. After losing the Opium/Trade War to the British, the Chinese government finally gave in to British demands, conceding the right to trade in five … Continue reading
