People who fail to learn the lessons of the past, it is occasionally observed, are more or less doomed to repeat the mistakes of the past. In the case of economic development, it should be better known that this was achieved in most western countries in non-democratic and largely inhumane conditions. In western Europe, for example, it was created on the back of the exploitation of workers in the factories that produced the goods that were then exported to overseas markets – overseas markets forced open in colonies at gunpoint.
Read the full article here.
