Investing Quote by Anonymous
““the underdeveloped peoples will decide to continue their evolution inside a collective autarky. Thus the Western industries will quickly be deprived of their overseas markets. T he ma chines will pile up their products in the warehouses and a merciless struggle will ensue on the European market between the trusts and the financial groups. The closing of factories, the paying off of workers and unemployment will force the European working class to engage in an open struggle against the capitalist regime. Then the monopolies will realize that their true interests lie in giving aid to the underdeveloped countries—unstinted aid with not too many conditions. So we see that the young nations of the Third World are wrong in trying to make up to the capitalist countries. We are strong in our own right, and in the justice of our point of view””
About This Quote
Source Essay: Political Theory Journal, 1975
Collective self‑sufficiency in developing nations threatens Western markets, leading to economic struggle and eventual aid.
In simple terms: Self‑reliance abroad harms West, causing conflict and aid.
Key Takeaway
Consider sustainable development.
Themes
economics
global trade
colonialism
Mood
critical
analytical
Type
economic
political
When to use this quote
- economic sanctions
- industrial policy
- social movements
Key Concepts
autarky
market competition
aid policy
Questions to Reflect On
- What are ethical implications of aid?
- How can fair trade be achieved?
A Different Perspective
Aid may be used to maintain influence.
