I was excited to read J Bradford DeLong's 'The richest get richer' (#180). Nepal, other Asian countries and nations in Africa and South America are getting poorer. Our foreign debt is so high that we are slaves to the developed world. The natural resources of poor countries fall into the hands of rich countries. The oil in the Gulf, Africa's gold and diamonds-all of it is amassed by the Western elite. Nepal's water is now up for grabs. In capitalism's ugly world, nine out of 10 people die of starvation, one from indigestion. Poor countries must not seek foreign investments and goods in their market. They must develop their own independent and strong economy. Ram Sharan Mahat, Mahesh Acharya and Prakash Chandra Lohani should read DeLong.
Ashok Neupane,
Tribhuban University