In my view, the Western model of influencing the development of third world countries is doomed to failure. The West does not understand how to deal with states that no longer have any authority and are threatened by dissolution. Their efforts failed in Iraq as well as Afghanistan. They are simply not capable of promoting the indigenous economy. Many billions of dollars flooded into Afghanistan, but without any significant effect.

The Soviets held to the tradition of colonialism. They raped the country and killed many people. But they also built dams, electrical power plants, streets, and technical schools. They were communists and had the same vision for Afghanistan that Stalin and Lenin had for the Soviet Union: Progress is communism plus electrification. And today? Today Kabul gets its electrical power from Uzbekistan, Herat from Iran and Jalalabad from Pakistan.

If Afghan soldiers continue to kill American soldiers as is happening these days, it can hardly be assumed that they will stay in Afghanistan in the long term. And what role are they to play? There will not be enough soldiers to ensure the security of the country. But will the US still be permitted to kill terrorists in Afghanistan and Pakistan with un-manned drones? That could worsen the situation in the neighboring states and they could view Afghanistan as a threat.

I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.

Dysfunctional states like Afghanistan need business people who are deeply rooted in their country and invest in it. They can add stability. But all development programs of the United States and the European countries unfortunately exclude the private sector, which could make investments based on profitability.

The fact that there are no longer large units of Al Qaeda running around means you don't need B-52s. You need intelligence and special forces. And, most importantly, you need to resurrect Afghanistan from what is literally the graveyard of countries and transform it into a normal country, which the Afghans want.

There is no way the Americans are going to be able to carry out a full scale war against Iraq and at the same time maintain the same kind of pressure on the Al Qaeda network in countries as diverse as Indonesia, Philippines, and Pakistan, as well as in Europe.