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Mali cotton and Western subsidies

example · retold in 3 talks

Mali's economy minister said they don't want Western aid, only that the West respect its own free-market rules; Mali produces the world's best cotton at a third of US prices, but the US spends more subsidizing its cotton industry than Mali's entire state budget.

As told 1

“We don't want your help. We just please want you play by your own rules. Where is your free market competition?”

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Every retelling 2

~1:34:03 Whither Left?2010-01-09 · 2:12:27
Mali's economy minister said they don't want Western aid, only that the West respect its own free-market rules; Mali produces the world's best cotton at a third of US prices, but the US spends more subsidizing its cotton industry than Mali's entire state budget., illustrating Western hypocrisy on free markets,capital flight and the limits of progressive governance
Mali produces the world's best cotton at half the US cost, but US farm subsidies (exceeding Mali's entire state budget) block it from the market. Mali's minister asked not for aid but for the West to play by its own free-market rules, which the US refused. Used to illustrate the hypocrisy of capitalist universalism and the case for immanent critique., illustrating immanent critique,nation-state,global capitalism