Sony Thăng@nxt888
Here is the complete architecture of how you keep a poor country poor while convincing its educated class that this is their own fault:
Step one: During colonialism, extract capital, destroy domestic industry, structure the economy around export of raw materials.
Step two: Grant formal independence while maintaining the economic structure, the debt obligations, the currency arrangements, and the trade relationships established under colonialism.
Step three: When the economy underperforms, as it must, being structurally designed for extraction, not development, offer loans conditional on policies that deepen the existing structure.
Step four: Train the country's economists in Western universities where the theories taught do not acknowledge steps one through three as economically relevant.
Step five: Staff international institutions and domestic finance ministries with these economists.
Step six: When the policies fail, attribute failure to cultural factors, corruption, and weak institutions.
Step seven: Publish a report with recommendations.
Step eight: Return to step three.
The machine runs on its own now.
The colonial administrator retired.
The indebted finance minister presenting his structural adjustment plan to the IMF board doesn't think of himself as administering colonialism.
He has a PhD from LSE.
He genuinely believes the model.
This is not a conspiracy.
It is an education system.
