r/science - New study shows that poor countries do more to develop rich countries than the other way around. In other words, rich countries take significantly more resources and labour from the global South than they give. This inequality is systemic and hampers global sustainability in multiple ways.
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8,421 votes and 298 comments so far on Reddit

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    • heqt1c [he/him]
      ·
      4 years ago

      Wait, so you mean having western multinationals flood into developing countries and disrupt their local economies by setting up large operations that extract natural resources which are immediately exported to richer countries is bad for the people in those countries :shocked-pikachu:

  • Bread_In_Baltimore [he/him]
    ·
    4 years ago

    Lol at the people saying "what we shouldnt trade with them" as if we engage in fair "rules-based" economic relations with the global south instead of holding them hostage, forcing them to become indebted to us and pillaging their resources.

  • constantly_dabbing [none/use name]
    ·
    4 years ago

    only two comments mentioned finance, which is a big reason the USA hasn't fallen behind during their covid crisis parasitism

    check out this idealist liberalism:

    Foreign investments isn’t actually good if you want your ecomomy to develop, because foreign investment = foreign ownership. This also leaves you at the mercy of said foreign companies.

    This is completely false. Even if there is foreign-ownership, there is knowledge transfer

    aFrIcAnS DoN'T NeEd mAtErIaL OwNeRsHiP Of tHeIr oWn pRoPeRtY, tHeY KnOw hOw tO CoDe

    • bamboo68 [none/use name,any]
      ·
      4 years ago

      capitalism creates wealth

      markets might be efficient sometimes, but they should not be in charge

  • cilantrofellow [any]
    ·
    4 years ago

    BUT WHAT ABOUT furiously looks over a map SOUTH KOREA???

    • star_wraith [he/him]
      ·
      4 years ago

      South Korea got the same deal western Europe did: become a client state of the empire and we'll build up your economy for you and be your military protection. The US did not offer this client state status to Latin America or Africa, though...

  • Mrtryfe [none/use name]
    ·
    4 years ago

    I always love the ahistorical analysis of so many of these comments. Users really talking about autarkic countries like Cuba never opening up their borders for trade. Was it perhaps in response to external geopolitical factors? Dunno, but the fact remains that they didn't, and I will not look into it further.

  • eduardog3000 [he/him]
    ·
    4 years ago

    Love how most of the replies to that comment basically amount to "nuh uh". Cope.

  • dinklesplein [any, he/him]
    ·
    4 years ago

    TEXT THAT SAYS NEOLIBERALS SUPERIMPOSED OVER IMAGE OF GARFIELD LOOKING AT SIGN WITH NEOLIBERAL LOGO ON IT CROSSED OVER SUBTITLE: huh. i wonder who that's for