More subtle means include IMF loans conditioned to applying neoliberal economic policy. In his 100-page resignation letter from the IMF, former IMF senior economist Davison Budhoo described the extensive and systematic statistical fraud used by the IMF to impose its policies on developing countries, and explained that the consequences of these policies led to massive poverty and starvation. In the letter, Budhoo wrote that the IMF’s policies are made in “utter disregard to local conditions” and lead countries to “self destruct” and “unleash unstoppable economic and social chaos” and also compared the IMF’s structural adjustment policies to a “terrorist attack”. He also stated that the routine policy packages of the IMF “can never serve, under any set of circumstances, the cause of financial balance and economic growth” and that “the ill-gotten, inadvertent power that we revel in wielding over prostrate governments and peoples - can only serve to accentuate world tensions”
Is your argument that they shouldn’t trade internationally for raw materials?
My argument is that these countries aren’t allowed to industrialize in their own terms with their own companies. It’s either western corporations controlling everything and extracting the wealth to Europe and North America, or murder.
Not directly, perhaps, but that’s how neocolonialism works.
Most of that is the US & UK: sanctions, supporting coups, bombings.
No country needs to take IMF loans.
As sovereign nations, they don’t need to use a foreign regulated currency & could adopt their own.
What does Norway have to do with this: guilt by broad association with western nations?
My argument is that these countries aren’t allowed to industrialize in their own terms with their own companies.
Again, what does Norway have to do with this?
Where is their exploitation?
It seems like you’re arguing they shouldn’t trade with Africa much like an economic sanction.
I’m sure that’d turn out great for Africans.
This is some unclear shit.
I think you need to properly define exploitation & identify where Norway’s international economic relations fit that definition.
Otherwise, it seems your criticism amounts to “Norway’s developed economy is doing better than economies of other countries they trade with”, which doesn’t necessarily mean they’re exploiting other countries.
List of wars involving Norway include Libya and Afghanistan, I specifically mentioned armed forces and Libya in my previous comment. Yes, being part of the west by association means that you’re complicit in all of this shit as a nation, including the genocide of Palestinians.
I’ve explained the tools western economies, including Norway, use to oppress poorer global south nations. If you want to read about the economic aspect of it, there’s a lot of literature regarding Unequal Exchange, I’m currently reading a book on a review of unequal exchange recently published by Iskra books and published for free as PDF on their website, just to point you to a resource.
Not directly, perhaps, but that’s how neocolonialism works. 14 countries in Africa use currency whose central bank is in Paris, western nations keep military forces in many African countries and support only the governments that they want, and when a nation rejects complete exploitation by western corporations, they either apply sanctions (with the explicit aim of “creating hunger, desperation and overthrow of government”), or organize coups to democratically elected leaders, or directly bomb the fuck out of them.
More subtle means include IMF loans conditioned to applying neoliberal economic policy. In his 100-page resignation letter from the IMF, former IMF senior economist Davison Budhoo described the extensive and systematic statistical fraud used by the IMF to impose its policies on developing countries, and explained that the consequences of these policies led to massive poverty and starvation. In the letter, Budhoo wrote that the IMF’s policies are made in “utter disregard to local conditions” and lead countries to “self destruct” and “unleash unstoppable economic and social chaos” and also compared the IMF’s structural adjustment policies to a “terrorist attack”. He also stated that the routine policy packages of the IMF “can never serve, under any set of circumstances, the cause of financial balance and economic growth” and that “the ill-gotten, inadvertent power that we revel in wielding over prostrate governments and peoples - can only serve to accentuate world tensions”
My argument is that these countries aren’t allowed to industrialize in their own terms with their own companies. It’s either western corporations controlling everything and extracting the wealth to Europe and North America, or murder.
Most of that is the US & UK: sanctions, supporting coups, bombings. No country needs to take IMF loans. As sovereign nations, they don’t need to use a foreign regulated currency & could adopt their own.
What does Norway have to do with this: guilt by broad association with western nations?
Again, what does Norway have to do with this? Where is their exploitation?
It seems like you’re arguing they shouldn’t trade with Africa much like an economic sanction. I’m sure that’d turn out great for Africans.
This is some unclear shit. I think you need to properly define exploitation & identify where Norway’s international economic relations fit that definition.
Otherwise, it seems your criticism amounts to “Norway’s developed economy is doing better than economies of other countries they trade with”, which doesn’t necessarily mean they’re exploiting other countries.
List of wars involving Norway include Libya and Afghanistan, I specifically mentioned armed forces and Libya in my previous comment. Yes, being part of the west by association means that you’re complicit in all of this shit as a nation, including the genocide of Palestinians.
I’ve explained the tools western economies, including Norway, use to oppress poorer global south nations. If you want to read about the economic aspect of it, there’s a lot of literature regarding Unequal Exchange, I’m currently reading a book on a review of unequal exchange recently published by Iskra books and published for free as PDF on their website, just to point you to a resource.