Tentatively suggested by some Japanese politicians

[samiaseo222]

There are two widely different interpretations of the failure of South America and Black Africa to improve their standard of living in the last forty years. One, the libertarian, as put forward by writers like Siegfried Kohlhammer in Germany, Paul Johnson and writers for the Libertarian Alliance in England, the Club d'Horloge in France, is that national and social elites in ex-colonies have imposed an impossible barrier between their peoples and economic prosperity, acting as parasites on the nation and hindering free-trade.

The other view, the socialistic one, and argued notably by Noam Chomsky in his Economy and Violence. From Colonialism to the New World Order, is that the rich nations have used international organizations phone number list and agreements such as GAAT and the World Bank, to replace the former European colonies for the purpose of exploiting "the periphery", a system which can be summed up as one of buying raw materials cheap and selling back so dear that the countries concerned are forced to borrow credit at exorbitant rates of interest.

Another factor, is that it is not a coincidence that the countries which are now most backward are those with very high Negro populations, the argument being that Negroes are genetically incapable of powering and managing a modern economy and maintaining high per capita income for a broad stratum of a given population. In fact it is quite feasible that all three interpretations have some degree of truth in them. Central planning is no more likely to create a high standard of living in Cuba than it did in East Germany.