4 ms·
I recently heard a quote: “These countries aren't underdeveloped, they are overexploited.” EDIT: Found the source: https://www.youtube.com/watch?v=xP8CzlFhc14#
by teddyh 4y ago
I recently heard a quote: “These countries aren't underdeveloped, they are overexploited.”
EDIT: Found the source: https://www.youtube.com/watch?v=xP8CzlFhc14#t=3m https://www.youtube.com/watch?v=xP8CzlFhc14#t=3m
- suddenstutter 4y agoYou can only be overexploited if you are underdevelopped and vice versa.
- teddyh 4y agoIt’s important which word you choose, since both words bring with them its own implied solution to the problem. If we call it “underdeveloped”, the implied solution is to foster development. If, on the other hand, we call it “overexploited”, well…
- JamesBarney 4y agoThen the only solution is for larger more powerful countries to voluntarily give up their way of life. In which case those countries will be in a tough spot for a very long time.
- badcppdev 4y agoI would disagree because in my opinion it seems that there are some parts of the western developed world where levels of exploitation are increasing.
- BjoernKW 4y agoI fail to see how this argument helps the countries - or rather the people - in question, that is unless you subscribe to the Marxist idea (which probably applies to the lecturer, given he's apparently well-known for his Marxist writings) that the economy essentially is a zero-sum game, in which invariably somebody has to lose for somebody else to win. In my opinion, that's just a defeatist view because it means poor people in underdeveloped countries will remain poor unless we somehow manage to entirely undo 500 years of colonial history. Rather than dwell on the past, we should try and find ways to create a better future. Mind you, this doesn't mean forgetting about the past and the atrocities committed under colonialism or revising history accordingly, but rather have that past inform our actions today.
- realce 4y ago> Rather than dwell on the past, we should try and find ways to create a better future. A bold prescription! You should be king of Africa.
- zozbot234 4y agoOverexploitation is a very real dynamic in colonial and post-colonial countries. As shown by the resource curse (aka "Dutch Disease"), countries with the largest, most valuable natural resource endowments tend to be the ones where average folks are worst off.
- JackFr 4y agoDutch disease is only one aspect of the resource curse and classical "Dutch disease" has little has little to do with overexploitation post colonial or otherwise -- I don't think many people were claiming that the Netherlands were being exploited in the 1960's. What it does mean though, is that a resource rich country may find is currency strong and any manufacturing or agriculture less competitive on world markets - again this has little to do with overexploitation. Other aspects of the resource curse that are relevant to resource rich African nations are economies that fluctuate wildly with world commodity prices which lead to whipsaw effects and difficulties in planning and investment, a lower return to investments in human capital and natural resource development being more amenable to corrruption than other industries.
- JamesBarney 4y agoThe resource curse also affects countries that weren't colonized such as Russia. Norway was worried about this as well so that's why they created their sovereign wealth fund.
- baybal2 4y ago
- teddyh 4y ago> Rather than dwell on the past, we should try and find ways to create a better future. Of course. But the solution differs depending on whether the problem today is underdevelopment or overexploitation. Most current thinking seems to tend to try to fix the former problem, not the latter. But whatever they are doing, it does not seem to be helping; these countries have been “developing” for 50 years. You’d think if they were simply underdeveloped, they would have developed by now.
- oblio 4y agoYou just need 1 or a few to reach "escape velocity", though. Europe was ok-ish until ~1700, then Britain reached the Industrial Revolution, then everybody in about a 2000km radius suddenly leveled up. Kind of funny how geography and culture work.
- brnt 4y agoAh, the Anglo-centric (what's centrism taken to its extreme BTW?) view. As always, utterly divorced from actual facts on the ground on the Continent.
- oblio 4y agoI'm not from an English speaking country and I'm actually from the "Continent".
- cornerfold 4y agoyes, Europe had multiple colonies all over the world to extract raw material. Very easy to do that when you have a strong army. A monopoly on violence lead to that "development".
- rayiner 4y ago> Very easy to do that when you have a strong army If it was so easy everyone would do it. It’s not like India wasn’t ruled by a series of colonizers long before the British.
- Viliam1234 4y agoBut how do you get the strong army without being developed first? (I agree that once you already have a strong army, you can leverage it to get even more advantages.)
- oblio 4y agoChicken and egg. The "monopoly on violence" requires technological "development".
- permo-w 4y agoare they not both?