YawnTractor_1756 t1_j66rwtq wrote on January 28, 2023 at 2:49 AM

Reply to comment by Surur in The next globalisation: there is growing support for the idea that the world is experiencing not 'deglobalisation' but rather 're-globalisation', owing to accelerating changes in energy and technology. by Vucea

>making poor nations richer makes everyone safer

I grew up next to a country that went from very poor to doing pretty darn well within short 20 years. That large country then proceeded to perform a full-scale invasion on the neighbor.

What I am saying, is that maybe that is not exactly how it works. If nation's wealth is built by honest work and evolution of society and institutions, then sure. But if a nation just stroke random gold, then there is far less correlation between richer and safer.

And forced redistribution of wealth from the rich countries to the poorer ones, that is not coupled with natural or forced institutions and society building, will not achieve good results.

Surur t1_j67pjfb wrote on January 28, 2023 at 8:49 AM

Quite true. I assume you mean Russia, but it could be so many another countries.

But this is why for example exporting businesses is better than extractive economies, as it relies more on the existence of good governance and citizen prosperity in a country.