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How Rich Countries Keep Poor Countries In Poverty (and why)

overzealots 12 views

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Just to clarify something: When I said that developed countries didn't adhere to neoliberalism to achieve their own economic success, this doesn't mean that they didn't eventually implement neoliberalism domestically, they did Specifically during the late 70's throughout the Raegan era in the US and during Thatcher's day in the UK My point was that these "rich" countries didn't get "rich" by adhering to the neoliberal doctrine they prescribed for others Thanks for watching Appreciate you all :)brbrSocials:br2nd Channel: youtubecom/@underzealotsbrX: xcom/overzealots_brBlueSky: bskyapp/profile/overzealotsbskysocialbrIG: wwwinstagramcom/isaaczale
Comment from : @overzealots

U young lad, just go to socialist North Korea, or Cuba, or Vietnam , or even Vemezuela they need u there
Comment from : @BoboSLO1

Saw from Hasan reacts and came to say phenomenal video! Great narration and production Thank you for the enlightened!
Comment from : @durppool

Of course it goes back to reagan
Comment from : @jayssonjefferson4389

This a really good video
Comment from : @sirfelix77

Joseph Stiglitz, who had an inside perspective of this as Chief Economist at the World Bank, wrote a brilliant book on this called Globalisation and its Discontents
Comment from : @fool_on_parade

Why was somalia Taking Loans they can't pay
Comment from : @HehBe-f4z

Thanks a lot, as a somali i don't Like State owned things, could people or private Companies still can control things and the country still be self sufficient
Comment from : @HehBe-f4z

Thank you for making this video Love from Somalia🇸🇴❤️
Comment from : @HalgameLiibaan

Tunisia is going into war with IMF right now
Comment from : @darkoplax7688

anyone know the name of the background music playing in the intro???
Comment from : @guytheencrypted601

Fascinating how the exploitative abilities of neoliberalism have evolved over time I'm going to check out the sources you cited in your description for sure
Comment from : @GCEF950

boost him
Comment from : @SkullMenFires

what's the background music of the first segment?
Comment from : @cengle_s

Could you make a video about ”The babylon Bee” more specificly their video about Cuba Their video’s feel very dumb and propaganda like
Comment from : @doxicgamer6940

really good video keep on going
Comment from : @tugaygokce9948

The US empire has been built on controlling the global financial system, which involves creating debt in the Global South and using this debt as a geopolitical tool for control This system effectively transforms foreign debt into US assets Many documentaries and recent United Nations reports detail the rise of global debt and explain the fraudulent nature of this financial system Additionally, the US dollar's monopoly, particularly through the petrodollar system, has allowed US central banks to act like a global PayPal, collecting revenue from international transactions without cost However, this arrangement is coming to an end Countries in the Global South are becoming increasingly aware of this situation and have had enough The BRICS nations are emerging, alongside the development of digital currencies Furthermore, US debt interest rates have surpassed military spending—a trend that has been historically documented as the initial sign of an empire in decline
Comment from : @nstv23

Saw you on Hasan piker so I subbed bro
Comment from : @progressiveheel979

wait so when the US blames China for debt-trapping Africa and other countries brbrit was only self projection because the US literally does the same shit? brbrWild
Comment from : @normalmanhumanguy1

The amount of information and depth of analysis that you are able to pack into 20 minutes is astonishing Bravo, another absolute banger! 🔥
Comment from : @aliciamckenny

This youtube channel is necessary Thank you
Comment from : @pawo13

We exploit others We exploit ourselves Thanks for being one of the voices in the dark
Comment from : @LazySunday999

superb!
Comment from : @DerekSpeareDSD

Found your channel through HasanAbi, fantastic work friend You've got my attention
Comment from : @Shrevaba

ENEL is an energy company owned by the Italian Government and it had record profits in 2024brbrIts responsible for the energy services in São Paulo, the biggest city in LATAM, which spends days upon days without power The bill is astronomical They cut the staff in half, increasing unemployment in the citybrbrThey privatized the water services last year The governor just came back from the US after receiving an award for getting the privatization through While he got pats on the back for selling us out, the water bill tripled
Comment from : @byejesper

You are simply lying about SomaliabrSomali here, it wasn’t the us aid and world bank loansbrActually today we don’t even have a National debt We don’t even use the shilling, we us the US dollarbrbrMatter of fact the aid the us gave up was real armaments to fight the ussr who destroyed our country We don’t even naturally produce grain It’s sogrum which we use to feed animals like goats and camel This was during the drought, our cattle died The wheat is a lifeline brbrWe are not dependent on the west because there are no foreign firm even willing to operate in Somalia, we don’t have national debt, we have a decentralized economy brbrWe don’t export anything, we don’t use labor because again foreign companies would instantly just be raided to preserve domestic culture We don’t export to the west, we export a tiny bit of miscellaneous frankincense to the gulf brbrFind me a single western business operating in Somalia for profit The only real firm is Turkish gas that just funds the government with heavy anti corruption restrictions
Comment from : @conductingintomfoolery9163

Fire video! Such a complex topic boiled down super succinctly, and I'm a sucker for yellow parenti!
Comment from : @rickhammer7204

It’s all the J’s who infiltrate
Comment from : @CircleNeanderthal

MICHAEL PARENTI MY GOAT
Comment from : @PrivateAlex1324

China demystifying and dismantling the entire concept of neoliberalism in less than 100 years is astonishing and will mark a turning point in human history
Comment from : @HaitiSpaceAgency

Great video! The concepts are clear and easy to follow Providing an example (ie Somalia) was helpful in understanding major themes like neoliberalism and dependency theory And summarizing your points at the end of each section was helpful in memorizing these concepts
Comment from : @vLunarTides

i"This is not slavery, it's an ancient Roman practice called Indentured Servitude"/ibrbrIt's really upsetting to see all those maneuvers happening around me in Brazil and feeling like people are too numb to care at this point Sure, communism is growing fast here, but not nearly fast enough
Comment from : @drakonyanazkar

great video
Comment from : @jk_lol9266

Fantastic video! It is nice to see an analysis of my home nation of Somalia be done to show how trade liberalization, privatization, and deregulation have been weaponized to sustain a neocolonial order Thank you really
Comment from : @SOMarxist

Came here from Hasan’s stream, quality video mate
Comment from : @YaniJoness

Hey! Watched your videos for a while but my first comment, just want to thank you for the content you put out! It has been very helpful for me since i get to study more politics and learn subjects to deep dive in for my personal studies! With that said:brbrI would love to maybe se a video or a post of some books you woulf recommended people to read for a multitude of different political, social and racial topics (historical aswell), i know i quote some in your videos but would be interesting/fun to se maybe a video dedicated to that? Just an idea that came to mind! brbrKeep up the good work and im glad to see that you channel is getting more popular because i think all of the videos you make are especially important in todays climate, i am very concerned with how many countries in the world is getting more far right leaning policies and politics :/
Comment from : @tobiasgavrell1101

Great video
Comment from : @momocassiopeia3127

Engagement
Comment from : @chicanoproletarian

just saw your video on the hasanabi broadcast you are talented and skilled please keep making videos, I thoroughly enjoyed this one
Comment from : @gauner1312

💚
Comment from : @RafBot-b4z

quality video
Comment from : @jasmine2725

Good stuff
Comment from : @dropyourself

Your channel is a banger
Comment from : @notoriousglez8180

great vid, great work!
Comment from : @jansecj9472

Brilliant Video! Thank you for the Somalia Mention!!!
Comment from : @saidsheck7377

More people need to understand this!
Comment from : @sassysince90

Banger video brother
Comment from : @zeadlots

another absolute banger
Comment from : @georgia2321

Loved the video structure and your tone it was very engaging thanks for the video cheers!
Comment from : @johanlopez8642

great vid
Comment from : @hana-nc3uq

This should have more views Share on tik tik people
Comment from : @denkinoms

dUDE YOUR WORK IS FUCKING INCREDIBLE!! We are watching on Hasanabi's Twitch show now GREAT JOB!!!!
Comment from : @The_Notorious_ROB

Great vid!
Comment from : @voodooyoulikeme

here from hasans stream this is awesome!
Comment from : @alkaseltzgaming

Great work Concise and well produced
Comment from : @spencereagleton5704

Quality content, thanks for the work! hasL
Comment from : @surebetsa1594

scary communist man hasan sent me brbrnew fan
Comment from : @greyFCB

great video
Comment from : @johnfaucheux1574

hi chat
Comment from : @Glorp69420

Great stuff Thanks for your work on this!
Comment from : @kyleburns1615

we're living out imperialism and it isn't working thank you for making this video <3
Comment from : @lizwentling

Here from Hasan
Comment from : @raieflexton

found u through Hasan, good shit
Comment from : @Freewill415

Love it Great great vid That Parenti clip got me so fired up for the whole thing
Comment from : @Dork_Rock

Having resources doesn't make a country rich Raw resources are useless if not turned into something useful/desired thru human knowledge, ingenuity and industrybrbrSouth korea for example was a colonized and resource-poor country, but because it was a society with history of being a civilization, it focused on education and its government was determined to develop infrastructure and local industry, so it succeeded
Comment from : @redhidinghood9337

Yellow parenti strikes again
Comment from : @rockerboyworldwide152

Debt the first 5000 years brDavid Graeber
Comment from : @tannercollins9863

ANOTHER BANGER VIDEO
Comment from : @kyanEATS

Great presentation It lays out the issues well and presents a case study as strong evidence while quoting insiders and critics alike, and points to topics for further research on the subject
Comment from : @chasethechase2298

Educated people from the global south have been saying this for decades, and even getting killed for itbrBut always being shunned for living in or coming from a "shit hole" country
Comment from : @davidlemos1136

man you putting out some bangers!
Comment from : @cubandarknez

awesome
Comment from : @bryonyoni

turns out stealing wealth from other nations is easier than developing your own Territories
Comment from : @Ryanisthere

Great video!!! Thanks for the amazing content
Comment from : @ekinboyraz

Mhlonishwa Isaac has uploaded!🙏🏾🔥🔥🇿🇦
Comment from : @kagos

Because capitalism and power
Comment from : @deleted-something

Are americans really just learning about all of this? I learned all of this in high school like 20 years ago (I'm from south america)
Comment from : @IvySut

Addicts always blame the dealer for their habits😂😂😂
Comment from : @rightsdontcomewithpermits7073

For those who are interested in this topic, other videos of trust worthy sources that are really well researched and explained:brbrRenegade Cut's "Global capitalism, rich nations and poor nations"brbrSecond thoughts' "How capitalism robs the developing world"brbrHakim's "Why do poor countries stay poor? Unequal exchange and Imperialism"
Comment from : @blameitoncapitalism

Hot damn, good vid
Comment from : @dudeonthasopha

End capitalism
Comment from : @Derekjordanger

am somali i love your videos bro and thanks for mentioning my beloved country
Comment from : @AxmedYare-sb9uc

Yellow Parenti my beloved💛
Comment from : @guybunchofnumbers123

Very good video🌟🌟 I had to pause and go back sometimes to process the info because i wasnt familiar with the topic so i couldnt have it on while doing other things Not a complaint, just a fun fact Your videos are somewhat dense, but in turn concise, and i appreciate that
Comment from : @iridiscent

Would love a video that talks about Chinas BRI bc ik they have been accused of creating such traps but overall the loans are more favorable
Comment from : @JonathanPeterBelling