Evidence that Fukuyama may have had it right: Walter Truett Anderson writes that “the International Commission on Peace and Food (in its 1994 report) pointed to the urgent need to create employment for hundreds of millions of poor people, and at the same time dismissed the notion that most of these people could be employed by new jobs in the corporate sector or by government-sponsored activities. Instead it argued strongly in favor of a different approach, giving central importance to self-employment and entrepreneurship, with emphasis on agriculture, agro-industry, and small firms in the informal sector.”
When international aid agencies begin advocating entrepreneurship over government programs, we’re definitely at the end of something .
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