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46 - Jayant Bhandari: The Reality of the Third World

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The Third World Is Regressing to Its Pre-European Past

Jayant: Third world countries are regressing to their pre-European medieval past. But that does not mean or if you think through this thing it does not mean that something inherently changed in the third world, he says. Jayant: It's important to realize that economics might be very insignificant compared to as you say, the underlying culture of the people who are running that economy,. cultures that have developed for thousands of years.

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