Wednesday, September 2, 2009

The New Economy

During the colonial period, the World's Empires, led by Britain and Spain, used their far flung empires as sources for raw materials. Places like India and China were merely producers of goods for further processing in the homelands. Think only of Gandhi's protest about cotton grown in India, shipped to England, where it was made into cloth, only to be shipped back to India.

This CBC News item strikes me as ironic. As does this one. Canada is no longer sending raw material to England but to other former colonies!

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