this post was submitted on 11 Aug 2023
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[–] AlbigensianGhoul@lemmygrad.ml 10 points 1 year ago* (last edited 1 year ago) (1 children)

Oh hey, it's a Parenti quote moment.

And when Kenneth Boulding gets up and he says—an economist, and you can see what—you can see what—you can see, when you get Britain people like Kenneth Boulding speaking so naïvely, you can see the troubles you get into, the swamps you go into, the baby talk—silliness you get into when you think without Marx, when you think without class analysis—and Kenneth Boulding says, one of America's leading economists, he says, "Empire is irrational because it costs more than what we get out of it," "the British—it costed them more in India than what they got out of it," "the American investment in the Philippines is only about three-and-a-half billion dollars, but we had to give them about six billion dollars in aid," "it costs us more than what we get out of it," and that's when you think without a class analysis, because as we know—as you're going to know before the evening's over— that it's very profitable, because the people who have the three billion dollar investment aren't the same ones as the people who pay the six billion.

[–] DongFangHong@lemmygrad.ml 1 points 1 year ago

Foreign aid is when the poor people of a rich country give money to the rich people of a poor country!