Thursday, April 3, 2008

Protesting Buddhist Monks Lack Purchasing Power

Despite crackdowns against pro-democracy Buddhist monks in Burma and Tibet, the Burmese and Chinese governments continue doing business as usual, even expanding commerce. India just announced it would develop a Burmese port via a $120 million project. India closed the deal despite international pressure to isolate the military junta. Does a lack of purchasing power relegate monks to "democratic idealists" without free market punch? The evidence to date is not the least bit inspiring.