Ever wonder why the Global South largely remains poor, and how the Global North perpetuates that? World Poverty, Inequality, Foreign Aid, and NeoColonialism

 Professor Jason Hickel, my favorite anthropologist & political ecologist, has superb bona fides.  In the clip below (only about 6.5 minutes long), he cogently and concisely explains how the global economy operates to the detriment of most of the Global South.

Here’s Why Foreign Aid Is a Scam | Doha Debates - YouTube

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Many Oligarchs in the North often promote the idea that foreign aid, foreign investment, loans, and neoliberalism (in general) - corporate globalization - all demonstrate sincere efforts to lift the South out of poverty.  Some actually may believe that.  As Dr. Hickel shows, the reality of the situation is quite different.

The Global South is more in need of justice than it's in need of charity.  It certainly doesn't need privatization of public services or loans with shades of the old IMF "structural adjustment" requirements.  Unfortunately, as the video depicts, neocolonialism dominates the world economy.

Via entities such as the WTO, IMF, & World Bank, as well as so-called Free Trade Agreements (which aren't "free" at all), the Global North guarantees the perpetuation of the old colonial transfer of wealth from the South to the North.  And it's all under the guise of compassion for the poor of the world.  [Again, some people may believe that it is such.]

How can this situation be remedied?  Watch the short video.

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Not only my opinion.  Be Well