Michael Parenti -- Myth of UnderDevelopment!

The stupendous fortunes that were-and still are being extracted by the European and North American investors should remind us that there are very few really poor nations in what today is commonly called the Third World. Brazil is rich; Indonesia is rich; and so are the Philippines, Chile, Bolivia, Zaire, Mexico, India, and Malaysia. Only the people are poor. Of course in some areas, as in parts of Africa south of the Sahara, the land has been so ruthlessly plundered that it too is now impoverished, making life all the more desperate for its inhabitants.
... the Third World is not "underdeveloped" but overexploited. The gap between rich and poor nations is not due to the "neglect" of the latter by the former as has been often claimed. For forty years or more we have heard how the nations of the North must help close the poverty gap between themselves and the nations of the South, devoting some portion of their technology and capital to the task. Yet the gap between rich and poor only widens because investments in the Third World are not designed to develop the capital resources of the poor nations but to enrich the Western investors.

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  News & Politics

[George Stevens]

I love all races, but your statement is simply true. life is a competition at the current standard of living, and a few groups of people generally run things.

[George Stevens]

Yes because it was Europe's responsibility to develop Africa. hahaha. Who did Europe and the US count on to develop them. OOOOO yea we did it ourselves. HAHAHAAHAHA this is a ridiculous video.

[fearghalgill]

You have got to be kidding me?

[SUpersaiyajinjerkbag]

true. if people understood that say, even latin america has rich people, nice girls, culture etc. they would dream of moving there instead of sweden.

[johammbass]

They are poorer because they don't have free market. End of thesis

[Michael Parenti]

The Face of Imperialism is a powerful, frightening, and honest book. It will be hated by those who run the Empire, and it will be loved by people who are searching for truth amidst the piles of garbage of Western propaganda. Above all, this book will be like a bright spark of hope for billions of men, women, and children who are fighting this very moment for survival, defending themselves against the Empire and against all monstrous faces and masks of imperialism."

— Andre Vltchek

[PAULOcbi]

'out of your ice age" ?? you should get to a reference library ,you are clearly un-educated,are you even an adult? We are all linked by DNA to be from the same tribe of Homo-Sapiens which probably originated in Africa,I know popular history teaches that NeadertalMan,PekingMan,Austral­opithicus were killed off by ice-age but its more likely we Homo-Sapiens killed them off cos they were different.Its the whites that left Africa to explore and conquer new lands.WARRIORS.

[PeaceAndJustice357]

sigh, no its not ppl around the world when you ppl where coiming out of your ice age didn't understand the type of ppl they where dealing with. who just spent 10's of thousands of yrs in the ice. We where developed socially agruculturally and any other form of development there is. but being that ur cultured by white supremacy it would be hard to accept that. you rule because we trusted. bravey no deciteful yes. smartest no theifs yes. but your rule will come to and end.soon!!!lol!!!!!

[PAULOcbi]

actually your naive.Life is war and always has been.White people are just the smartest,bravest and most courageous warriors so they dominate the world.

[HoGraz]

Was that Hitler with Africans?