Mismanagement of Resources

http://www.eco-pros.org/naturalresources.htm

Within every area where there is some form of a population of a living organism there usually tends to be one person who assumes the role as the leader and sole decider on the methods of living, conduct and improvement of the conditions. This usually results in reforms and change in tactics, or none at alll in effort to keep the population just a breath above stability. 

However, there is a saying "With power comes greed." People soon succumb to the greed that greets them at every doorstep and what was once a successful and progressive region, now walks into the future with nothing but the terrible pain and anguish they suffered in the past before their lives saw so much beauty. 

The 2004 Nobel Peace Prize Winner, the late Wangari Mathaai  said  "Development to me is a quality of life. It's not necessarily acquisition of a lot of things. I have been using the example of an African stool. An African stool has three legs. On those legs balances a basin. One of those three legs is peace. Another is good governance. And the other is good management of our resources. Now this good management of our resources, as I've said, includes equitable distribution -- allowing as many people as possible to share in the natural resources. This allows as many people as possible to experience respect, dignity."

Misplaced priorities and misappropriation of assets in any given budget is what some may say is the inhibiting the growth of areas? However can Mathaai's idea of equitable distribution be achieved or is just another dream that cannot be implemented into the reality of life? There are many theories and ideas that are proposed such as this but is this particular better management of resources possible or simply just another writing on paper?