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calestous's profile
Calestous Juma
Calestous Juma
Calestous Juma
Verified account
@calestous

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Calestous JumaVerified account

@calestous

Professor @BelferCenter @KennedySchool @Harvard | A New Culture of Innovation: Technology, Entrepreneurship and Prosperity (forthcoming book)

bit.ly/2sG3K0T
Joined April 2009

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    Calestous Juma‏Verified account @calestous 19 Dec 2015

    Poll: Poor nations are poor due to lack of capitalism, not due to it http://www.aei.org/publication/poor-nations-are-poor-because-of-the-lack-of-capitalism-not-because-of-it/# …. @JimPethokoukis

    6:38 AM - 19 Dec 2015
    • 52 Retweets
    • 18 Likes
    • Greg Clinkscales òle Accaley Tim Byekwaso Jr Conny7 Zankapfel vom Dienst Keitumetse Laila Macharia Owen Benjamin wanjiku mwaniki
    35 replies 52 retweets 18 likes
      1. New conversation
      2. GlobalRenaissance‏ @Global_Renewal 19 Dec 2015
        Replying to @calestous

        .@calestous @ricardo_hausman @JimPethokoukis; examples of such "poor countries" inclds Sweden + Nordic Countries; China, Cuba, Venezuela etc

        2 replies 3 retweets 2 likes
      3. GlobalRenaissance‏ @Global_Renewal 19 Dec 2015
        Replying to @Global_Renewal

        2) @calestous @ricardo_hausman @JimPethokoukis;..while some of d "rich countries" wt "Capitalism" inclds Nigeria, Uganda, S/Leone, SA, etc?

        1 reply 3 retweets 1 like
      4. Opinion. That's Enough.‏ @geonal 19 Dec 2015
        Replying to @Global_Renewal

        .@Global_Renewal is a man after my own heart. True capitalism is zero-sum, creates poverty! @calestous @ricardo_hausman @JimPethokoukis

        1 reply 2 retweets 3 likes
      5. Calestous Juma‏Verified account @calestous 19 Dec 2015
        Replying to @geonal

        @geonal Tell us about the system that is positive-sum @Global_Renewal @ricardo_hausman @JimPethokoukis

        3 replies 0 retweets 0 likes
      6. Opinion. That's Enough.‏ @geonal 19 Dec 2015
        Replying to @calestous

        .@calestous Scandinavians have the most promising model thus far: Sweden, exactly. @Global_Renewal @ricardo_hausman @JimPethokoukis

        2 replies 1 retweet 0 likes
      7. Calestous Juma‏Verified account @calestous 19 Dec 2015
        Replying to @geonal

        @geonal Model of capitalism? @Global_Renewal @ricardo_hausman @JimPethokoukis

        0 replies 0 retweets 0 likes
      8. End of conversation
      1. New conversation
      2. Nicholas Rabach‏ @nrabach1 19 Dec 2015
        Replying to @calestous

        @calestous @JimPethokoukis Would Steve Jobs, Bill Gates & M. Zuckerberg been successful if they were (God forbid), born in Africa?

        1 reply 0 retweets 1 like
      3. Calestous Juma‏Verified account @calestous 19 Dec 2015
        Replying to @nrabach1

        @nrabach1 Usually the comments are more revealing than the poll results @JimPethokoukis

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. John Sargeant‏ @JPSargeant78 19 Dec 2015
        Replying to @davidolusi

        @davidolusi @calestous @JimPethokoukis money saved by relatives helped me go to university so I would not be poor (in every sense).

        1 reply 2 retweets 0 likes
      3. Tweet unavailable
      4. John Sargeant‏ @JPSargeant78 19 Dec 2015
        Replying to @davidolusi

        @davidolusi @calestous @JimPethokoukis @john well money might matter ...pic.twitter.com/4jBuzmlQCz

        2 replies 28 retweets 15 likes
      5. 1 more reply
      1. New conversation
      2. Leonardo Veiga‏ @LeoVeigaSanchez 19 Dec 2015
        Replying to @calestous

        @calestous @JimPethokoukis Based on Acemoglu and Robinson theories, these options are misleading.

        1 reply 3 retweets 2 likes
      3. Leonardo Veiga‏ @LeoVeigaSanchez 19 Dec 2015
        Replying to @LeoVeigaSanchez

        @calestous @JimPethokoukis Good or bad capitalism depends on the institutional framework is based on.

        0 replies 3 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. emanzi 🔰‏ @emanzi 19 Dec 2015
        Replying to @calestous

        @calestous @JimPethokoukis The dangerous erroneous assumption here is that only capitalism can provide these inputs.

        1 reply 1 retweet 1 like
      3. emanzi 🔰‏ @emanzi 19 Dec 2015
        Replying to @emanzi

        @calestous @JimPethokoukis In essence, true capitalism doesn't even exist anymore because of the gross inequality it creates.

        1 reply 2 retweets 2 likes
      4. Eleazar Pino‏ @mnenonlao 19 Dec 2015
        Replying to @emanzi

        @emanzi @calestous @JimPethokoukis if "true" capitalism leads to gross inequalities, which version leads to fair wealth distribution?

        1 reply 1 retweet 1 like
      5. emanzi 🔰‏ @emanzi 19 Dec 2015
        Replying to @mnenonlao

        @mnenonlao @calestous @JimPethokoukis A combination of the different systems. And a government that doesn't legitimize any one single one.

        1 reply 0 retweets 0 likes
      6. emanzi 🔰‏ @emanzi 19 Dec 2015
        Replying to @emanzi

        @mnenonlao @calestous @JimPethokoukis That has been the reason for the success of the aforementioned Nordic region.

        1 reply 0 retweets 0 likes
      7. Eleazar Pino‏ @mnenonlao 19 Dec 2015
        Replying to @emanzi

        @emanzi @calestous @JimPethokoukis Fair. However, no mechanisms have been found to decouple capitalism from power concentration

        3 replies 1 retweet 2 likes
      8. emanzi 🔰‏ @emanzi 19 Dec 2015
        Replying to @mnenonlao

        @mnenonlao @calestous @JimPethokoukis The main message now happens to be that either capitalism is evil or that socialism is the fall of man

        0 replies 1 retweet 2 likes
      9. End of conversation

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