At the Georgetown speech, Bono made the following statements:
“Aid is just a stop-gap. Commerce [and] 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.”
In a speech in Dublin in October, Bono express similar sentiments according to Forbes.
“Job creators and innovators are just the key, and aid is just a bridge … We see it as startup money, investment in new countries. A humbling thing was to learn the role of commerce.”
http://www.inquisitr.com/428836/bono-only-capitalism-can-end-poverty-video/Т