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michael
Wendover Productions
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Comments by "michael" (@michaeld4861) on "Why the Southern Hemisphere is Poorer" video.
If poor, resource depending countries were able to start manufacturing instead then there would be nobody left to supply the resources. Politics keeps poor countries poor and rich countries on top. It's still colonialism, just in a more subtle way. And (as I see others point out in the comments) rich countries "brain drain" and also capital drain from poor countries and control immigration so that rich people leaving poor countries get in easily (bringing their money from the poor to the rich country) while poor people are further exploited for dirt wages because they cannot get into rich countries and do not have the money to begin manufacturing and any manufacturing that does take place contributes to the outflow of money to a rich country.
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Also the US and company waging physical and economic war on any country that tries to develop or have a difference of economic opinion surely has a great impact as well. I think Cuba is a good example of that despite whatever your political view of Cuba may be.
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@javierm.n5455 Tell that to the rich folks who want lower wages for their employees so that they can buy another mega yacht. Importing wage slaves is vastly beneficial to the ruling class.
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