I recently learned that of the reasons for this neocolonial population control is to make sure that over-exploited regions don’t become problematic once their natural resources are fully extracted.
Over-exploited countries are essentially forced to be dependent on the US for food. They pay for that food with some of the money generated via resource extraction. They have no agriculture of their own beyond cash crops like cocoa or coffee, which obviously cannot feed people. So once those resources are gone, the money to import food is gone, and these countries will have to experience some pretty serious population reduction before local agriculture can sustain the remaining population.
It’s not just individual malthusian billionaires peddling this either, this has been official World Bank and IMF policy since the seventies at least.
The reason they do this is something that is completely overlooked in the general consciousness of the imperial core. A vast variety of products used there cannot be grown there. Most obvious examples are tropical products like fruits etc. If you read Patnaiks’ theory on imperialism, they posit that the point of the system is to suppress wages in the third world so that cost of the products that are grown natively remain low and the profit margins of corporations and the standard of living in the imperial core can be maintained. IMF and World Bank policies of cutting social spending are for this reason.
World Bank loans are dollar denominated for this reason as well. It forces third world countries to sell their produce and resources on the global market for dollars to pay back these loans with as you said. Turns out the whole Chinese debt trap thing was just projection.
I recently learned that of the reasons for this neocolonial population control is to make sure that over-exploited regions don’t become problematic once their natural resources are fully extracted.
Over-exploited countries are essentially forced to be dependent on the US for food. They pay for that food with some of the money generated via resource extraction. They have no agriculture of their own beyond cash crops like cocoa or coffee, which obviously cannot feed people. So once those resources are gone, the money to import food is gone, and these countries will have to experience some pretty serious population reduction before local agriculture can sustain the remaining population.
It’s not just individual malthusian billionaires peddling this either, this has been official World Bank and IMF policy since the seventies at least.
The reason they do this is something that is completely overlooked in the general consciousness of the imperial core. A vast variety of products used there cannot be grown there. Most obvious examples are tropical products like fruits etc. If you read Patnaiks’ theory on imperialism, they posit that the point of the system is to suppress wages in the third world so that cost of the products that are grown natively remain low and the profit margins of corporations and the standard of living in the imperial core can be maintained. IMF and World Bank policies of cutting social spending are for this reason.
World Bank loans are dollar denominated for this reason as well. It forces third world countries to sell their produce and resources on the global market for dollars to pay back these loans with as you said. Turns out the whole Chinese debt trap thing was just projection.