"Exploitation" is a very subjective term. I won't argue that Europeans and their colonists did a lot of wrong. On the other hand, industrial growth isn't just

"Exploitation" is a very subjective term. I won't argue that Europeans and their colonists did a lot of wrong. On the other hand, industrial growth isn't just exploitation. Whom is China "exploiting" right now? Sure they are trying to do this to a few countries, but with very limited success compared to European Colonization. There is no fundamental difference between the growth-rate in different developing countries, or between them and Europe during industrialization. In the final analysis, wealth can only develop through exponential growth. There is no sustainable short-cut.