Two Myths That Keep The World Poor by Vandana Shiva (2005)Excerpt / Summary:
The poor are not those who have been ‘left behind’; they are the ones who have been robbed. The riches accumulated by Europe are based on riches taken from Asia, Africa and Latin America. Without the destruction of India’s rich textile industry, without the takeover of the spice trade, without the genocide of the native American tribes, without Africa’s slavery, the Industrial Revolution would not have led to new riches for Europe or the US. It was this violent takeover of Third World resources and markets that created wealth in the North and poverty in the South.
Keywords: Economics, Poverty, Colonialism
Format: Article
Source: The Ecologist