Mauritius in Transition?

7 Mar

Mauritius is a small island nation off the east coast of Africa with a population of 1.3 million. With no exploitable natural resources, the smart money would have bet against Maritius when it became independent of Britain in 1968. The smart money would have been wrong. At the time of independence it had a per capita income of $400; now it’s $6,700 and the country has 87% home owndership, compared to 79% in the USA, home of the meltdown. According to economist Joseph Stiglitz, who recently visited, Mauritius provides “free education through university for all of its citizens, transportation for school children, and free health care – including heart surgery – for all.”

They must know something the USofA doesn’t.

& maybe they’re not as deeply mired in the ways of a world that’s gone forever.

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