After decades of working to bring aid to Africa’s poor, Bono says that entrepreneurial capitalism is much more effective when it comes to raising people out of poverty than aid is.
“Rockstar preaches capitalism, wow! Sometimes I hear myself and I just can’t believe it. Ahhm, but commerce is real. That’s what you’re about here. It’s real. Aid is just a stopgap. Commerce, entrepreneurial capitalism takes more people out of poverty than aid of course, we know that.” — Bono
Here’s a video with the full quote: