Comment by peterpansdiary on 22/01/2025 at 02:00 UTC

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View submission: The Guardian View on Development’s Paradox: The Rich Benefit More Than The Poor

What I simply can’t understand with these types of articles is assuming that free market takes in the best form across all countries.

Politics do matter. If only a subset of rich is supposed to gain from high exploitation industries one can’t expect a growth. Peripheries usually have much more rigid wealth + political structure.

There are valid points but crunching numbers won’t get anywhere. At this current state of “free market”, its 90% politics in my opinion.

There are things that may be advantageous in monetary scheme but still it isn’t validating the opposing opinion that these are necessarily drivers of economic growth *themselves*.

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