Somalia: what went wrong?
I thought I might ask this question to the libertarian-leaning Fools. Somalia should have been a Libertarian dream: government is either absent altogether as some people would claim, or, according to others, makes sporadic appearances in the capital city every other year and goes back into hibernation. Under these favorable conditions, one might expect rivers of milk and honey, and yet every time Somalia makes the headlines, it's due to its pirates. I don't know the Libertarian take on Somalia but as I see it, here are all the possible ways that a Libertarian could explain this paradox:
1. The plutocratic media is biased as usual, in reality Somalia is much richer than you think.
2. They had to start from a very low base. They are making excellent progress now, just give them a little more time.
3. They are failing through no fault of their own. The West is sabotaging their economy: destroys pirate ships, wouldn't allow pirates to have an IPO, etc.
4. It's a very slow process. It looks ugly in the short run, but the future generation of Somalians will live under Libertarianism.
5. They just don't know how to start. They've never read Mises.
6. Antarctica - Libertarianism succeeded, North Pole - Libertarianism succeeded, Mariana trench -Libertarianism succeeded, Somalia - experimental error, Moon - Libertarianism succeeded...