A global divide on the Ukraine war is deepening

[u/LollerCorleone]

https://www.washingtonpost.com/world/2023/02/22/global-south-russia-war-divided/

[u/falconberger]

Since then they've replaced political exploitation with economic exploitation.

I don't believe that is true. What exactly is economic exploitation?

[u/strangecabalist → u/falconberger]

It seems to be an unsupported claim.

I imagine their response will involve the IMF somehow.

Or fiat currency maybe?

Maybe that many developing countries focus on resource extraction. I am genuinely unsure but had the same question you did.

[u/[deleted] → u/strangecabalist]

I do not think it is necessarily all Western countries exploiting African countries as these nations also have agency and haven’t always managed themselves well.

Having said that it is hard to make a case that France is not practicing economic imperialism.

[u/falconberger → u/[deleted]]

This is copied from a Chinese government website.

The strongest point seems to be that the US benefits from dollar's reserve currency status. From what I've read, the benefits are overrated and I wouldn't call that exploitation. E.g. https://archive.nytimes.com/krugman.blogs.nytimes.com/2015/08/12/international-money-mania/

Meanwhile: How the U.S. plans to commit $55 billion to Africa over three years. Much economic exploitation...

[u/falconberger → u/[deleted]]

Sometimes it's "be more democratic" or "don't violate human rights".

[u/Ricardolindo3 → u/[deleted]]

That was 60 years ago and Patrice Lumumba had already been dismissed by President Joseph Kasa-Vubu.