Re:The Politically Incorrect Guide to Ending Poverty (2010)
by pizza234 on Sunday July 17, 2016 @02:44PM
(#12111217)
> Well, it sort of works: massively increasing the wealth of any third world country
Things are more complicated in real world, because even if massive wealth is created (say, a boom of a certain industry), it doesn't necessarily go where it's supposed to.
Here [1] there is a real-world example of how, in a country with a strong mining industry, the "colonialists" get all the money, and the "colony" gets the crumbs (of course, that doesn't imply that this is always the case).
Things are more complicated in real world, because even if massive wealth is created (say, a boom of a certain industry), it doesn't necessarily go where it's supposed to.
Here [1] there is a real-world example of how, in a country with a strong mining industry, the "colonialists" get all the money, and the "colony" gets the crumbs (of course, that doesn't imply that this is always the case).
[1] Published long ago on HN: https://psmag.com/why-is-zambia-so-poor-f44dfeedd5ed