Raw Materials Quotes
Despite this economic reality, many underdeveloped nations sell their raw materials because it is easier than the alternative which takes capital investment in processing plants and equipment, training of workers, and establishing a marketing mechanism. Most third world nations are limited in their capacity to do this but they have abundant natural resources.
This book—a compendium of 17 lectures—was the basis of the Iranian Revolution and the post revolution government. Note that his views of the vestige of colonialism is classic. He saw the Shah’s regime as a puppet one of the Western powers.