A Quote by Lester Thurow
Natural resources have dropped out of the competitive equation. In fact, a lack of natural resources may even be an advantage. Because the industries we are competing for - the industries of the future - are all based on brainpower.
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When I'm out hustling up new industries, I can offer Louisiana's many selling points. We have unmatched natural resources, a unique culture and fantastic workers.
Some take advantage of natural resources to put the capital in the hands of the few, while some use these natural resources to benefit the majority, as we do in Bolivia.
The term 'natural resources' confuses people. 'Natural resources' are not like a finite number of gifts under the Christmas tree. Nature is given, but resources are created.
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.
Without natural resources life itself is impossible. From birth to death, natural resources, transformed for human use, feed, clothe, shelter, and transport us. Upon them we depend for every material necessity, comfort, convenience, and protection in our lives. Without abundant resources prosperity is out of reach.
National parks and reserves are an integral aspect of intelligent use of natural resources. It is the course of wisdom to set aside an ample portion of our natural resources as national parks and reserves, thus ensuring that future generations may know the majesty of the earth as we know it today.
We targeted five industries for growth, industries where we have natural advantages in North Dakota: value-added agriculture, advanced manufacturing, technology-based businesses, energy and tourism. We worked very hard to grow all those businesses, and that's what's happening.
The meat and poultry industries are outstanding industries, and it's going to be a very natural fit for me.
We have to acknowledge that we can't look to manufacturing or natural resources to drive growth like we have in the past. Human capital, talent, and knowledge are our most important resources now. Every city has hidden seeds of opportunity waiting to be nurtured. Places like Detroit, Cleveland, and Pittsburgh are among my favorite cities. They have great universities, clusters of innovation across a range of industries, and pools of innovative and creative talent to build on.
The ideal country in a flat world is the one with no natural resources, because countries with no natural resources tend to dig inside themselves. They try to tap the energy, entrepreneurship, creativity, and intelligence of their own people-men and women-rather than drill an oil well.
As the law minister, I had ensured that the government's right to natural resources was protected. The result was evident. The honourable Supreme Court gave the landmark decision in RIL vs RNRL case that the government is the owner of all natural resources.
All of Africa's resources should be declared resources of the state and managed by the nation. Our experience in Bolivia shows that when you take control of natural resources for the people of the town and village, major world change is possible.
Only by establishing military supremacy were the European and North American colonizers able to eliminate the crafts and industries of Third World peoples, control their markets, extort tribute, undermine their cultures, destroy their villages, steal their lands and natural resources, enslave their labor, and accumulate vast wealth.
But life cannot maintain itself alone. The Creator of life has entrusted us with the responsibility of preserving, developing, and perfecting it. In order that we may accomplish this, He has provided us with a collection of marvelous faculties. And He has put us in the midst of a variety of natural resources. By the application of our faculties to these natural resources we convert them into products, and use them. The process is necessary in order that life may run its appointed course.
Over the years, we have witnessed massive changes and degradation to Egypt's natural heritage. It's shocking how one generation's decisions about natural resources is affecting the present and all future generations of Egyptians.
Europe is not one of the major powers. And Africa even less so of course. But Africa has what Europe lacks: space, human resources, and natural resources while Europe has the technological innovation that Africa lacks. Together we can become a power which can count in the future.
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