Awakening Stories

Hong Kong’s post-war “miracle” is credited to Financial Secretary J.J. Cowperthwaite’s laissez-faire doctrine, He even favored market-driven solutions for social policy. This framework fueled global admiration. After the 1970s, Hong Kong increasingly adopted welfare and interventionist policies, breeding today’s economic and social strains.

Despite having the world’s largest proven oil reserves and once being among the richest countries, Venezuela’s leaders nationalized foreign oil firms and used high oil revenues to fund massive welfare, subsidies, and populist handouts instead of developing diversified industries and sound institutions. When oil prices fell, printing money led to hyperinflation, shortages, poverty, and mass emigration. True freedom is personal responsibility - not dependence on government wel

How did Mexico's drug heaven develop from the context of U.S. drug policies and geography? U.S. prohibitions on opium, alcohol, and marijuana pushed the black industry to Mexico, while Mexico's poverty and corruption fueled its growth. Since 1971, the U.S. "War on Drugs" has ended in failure, giving rise to countless smaller, more violent criminal gangs. Today, both countries suffer: Mexico is plagued by the chaos of drug cartels, while the U.S. faces mass drug addiction.

What enabled the Soviet Union to become a world industrial power in just ten years, and what ultimately led to the collapse of this superpower.