Far from there being a constant flow of resources and aid from northern countries to southern countries, the opposite is the case, and has been for m… - Jeremy Corbyn

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Far from there being a constant flow of resources and aid from northern countries to southern countries, the opposite is the case, and has been for most of the past 200 years. Colonialism was not about exporting civilisations; it was not about improving the lot of people in the poorest countries—it was driven by greed and avarice and a determination to control other people's lives. It was about ensuring that the work, the raw materials and the food of the poorer countries flowed out to the richest parts of the world. That is the legacy of colonialism and imperialism that we have to deal with today. I honestly believe that the role of the world's twin financial institutions, the International Monetary Fund and the World bank, is essentially to reassert that old-world order so that once more a minority of northern, predominantly rich countries dominate the majority of southern, predominantly poor countries.