Bono, U2 front man, proves that intelligence and common sense wins. In a speech at Georgetown University’s Global Social Enterprise Event, Bono admitted that even he himself finds it hard to accept that he has become a rock star who preaches capitalism.
“Aid is just a stop-gap. Commerce & entrepreneurial capitalism takes more people out of poverty than aid. “In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid. Free enterprise is a cure. “Entrepreneurship is the most sure way of development.”