That expropriation of the third world has been going on for 400 years brings us to another revelation: namely, that the third world is not poor. You don't go to poor countries to make money. There are very few poor countries in this world. Most countries are rich! The Philippines are rich, Brazil is rich, Mexico is rich, Chile is rich—only the people are poor.
But there's billions to be made there to be carved out and be taken. There's been billions for 400 years; capitalist European and North American powers have carved out at taken the timber, the flax, the hemp, the cocoa, the rum, the copper, the iron, the rubber, the bauxite, the slaves, and the cheap labor, they have taken out of these countries.
These countries are not "underdeveloped"—they're over exploited.
Obligatory
https://youtube.com/watch?v=eoxT1UwTM3I
Transcript
That expropriation of the third world has been going on for 400 years brings us to another revelation: namely, that the third world is not poor. You don't go to poor countries to make money. There are very few poor countries in this world. Most countries are rich! The Philippines are rich, Brazil is rich, Mexico is rich, Chile is rich—only the people are poor.
But there's billions to be made there to be carved out and be taken. There's been billions for 400 years; capitalist European and North American powers have carved out at taken the timber, the flax, the hemp, the cocoa, the rum, the copper, the iron, the rubber, the bauxite, the slaves, and the cheap labor, they have taken out of these countries.
These countries are not "underdeveloped"—they're over exploited.
(transcript courtesy of ProleWiki with a few minor modifications)
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