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[...] Poor countries don't need our aid; they need us to stop impoverishing them. Until we target the structural drivers of global poverty--the underlying architecture of wealth extraction and accumulation--development efforts will continue to fail, decade after decade. [...]

[...] the discourse of aid distracts us from seeing the bigger picture. It hides the patterns of extraction that are actively causing the impoverishment of the global South today and actively impeding meaningful development. The charity paradigm obscures the real issues at stake: it makes it seem a…

there is a yawning gap between the 'real value' of the labour and goods that poor countries sell and the prices they are actually paid for them. This is what economists call 'unequal exchange'.

[...] It's not that the $128 billion in aid disbursements doesn't exist--it does. But if we broaden our view and look at it in context, we see that it is vastly outstripped by the financial resources that flow in the opposite direction. [...]

[...] in 2012, the last year of recorded data, develo…

Today, power imbalances like these, enshrined in the Uruguay Round of the WTO, are estimated to cost poor countries around $700 billion each year in lost export revenues.