Zero Sum Fallacy: It assumes the West is rich only because the South is poor. Modern economics rejects this idea. Wealth is created, not just stolen.
Ignores Local Failure: By blaming imperialism for everything, it absolves centuries of corrupt local leaders and bad domestic policies of any responsibility.
It’s a Manifesto, Not History: It cherry picks facts to fit a villain/victim narrative rather than analyzing complex geopolitical reality.
If only the global economies of the world were as simple as they were in the 70s.
loloquwowndueo•2d ago
I assume it made front page since it’s topical to the current situation between the USA and Venezuela and its future implications.
bryanrasmussen•2d ago
loloquwowndueo•2d ago
It being 1971, it might be missing commentary on the Iran-Contras thing and the Panama invasion among others but by then the pattern the book describes was well-established.
Thanks for bringing this interesting book up!