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by chaostheory
33 days ago
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> such oversimplification on steroids is totally misleading. Yes, so the kettle is calling out the pot? > globalism was never invented or promoted to help any country in poverty It doesn’t matter what it was designed for. What matters is what it does in reality and there is no doubt that globalism helped lift China from Mao’s disastrous policies. That’s not mutually exclusive from China’s past as the Middle Kingdom |
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An example of a country which didn’t do that is Nigeria. They got something like $300B in oil revenue over a 30 year period but have actually seen significant increases in poverty, now at 70%.