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"You cannot ignore the discrepancies between Indian poverty and Western wealth," he said.
Many African leaders grew up in dire poverty, and like to demonstrate their change of circumstances through conspicuous displays of western wealth.
The new would-be rulers include unmellowed plebeian Western wealth" — here he singled out Texan oil money — "and their enormous gullible mass-base".
It has made economic and currency reform even more pressing, thanks to the rising expectations of East Germans now able to see western wealth at first hand.
Farsighted investments were typically neglected in favour of projects dedicated to resource extraction.This history emphasises that the capitalism upon which Western wealth was built was not particularly laissez-faire.
The reformers or modernizers tried to identify the sources of Western wealth and power and adapt them to their own use, in order to meet the West on equal terms.
Similar(49)
Though many reformers argued for it, China was unable to absorb western, wealth-creating technology and skills.
At the very least it might advertise Western expertise, wealth and generosity, and restore some of the influence that has been lost to Myanmar's big commercial partners in the region.
Mr. Apagya's pictures accomplish this with great inventiveness and wit, and with a shrewd historical perspective that combines fantasies of Western-style wealth with references to the African past.
He spoke of giving China a cultural prestige commensurate with its wealth: Western museums are full of Chinese art, but China has few Western art works of the calibre of the Modigliani.
A quarter of western Europe's wealth is held by those households with more than $1m in private wealth, compared with 42% globally.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com