Thread: The lack of prosperity after WW2
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Unread 8 Sep 2009, 20:08   #24
All Systems Go
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Re: The lack of prosperity after WW2
Apart from the fact that the third world was starting from a far lower point (i.e. there was no independent government), there are a number of factors.

Where aid has gone (in no particular order):

Arms
Corruption
programs to help the poor
paying off interest on international loans

I think they are the big four.

There is also the other side i.e. the lack of free trade. Trade barriers (direct economic subsidies, such as CAP) for goods which the third world can provide cheaper.

By aid for Turkey, do you mean things like this?

aid for Gulf war efforts from coalition allies (1991) $4.1 billion
aid pledged for Turkish Defense Fund $2.5 billion
aid for Iraqi war (2003) approx. $8.5 billion.

The largest recipients of U.S. military aid are Israel, Egypt, Greece, and Turkey.
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The 20th century has been characterised by three developments of great political importance. The growth of democracy; the growth of corporate power; and the growth of corporate propaganda as a means of protecting corporate power against democracy.
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