"In the face of these figures, two patent truths apply. First, the existing system of economic relations between the industrialized countries and the countries of the Third World has been in essence an instrument for tapping the resources of the poorer nations; and, as such, is inherently bound to perpetuate underdevelopment. Second, it keeps our countries under the constant threat of financial insolvency, however much they increase their contribution of goods to the world market. Proof of this is the increasing number of countries compelled to reschedule their foreign debt. Third, this economic, financial and trade order, as prejudicial to the Third World precisely as it is so beneficial for the affluent countries, is defended by the latter with bulldog tenacity, through their economic might; through their cultural influence; and, on some occasions and by some powers, through almost irresistible forms of pressure (as well as armed intervention) which violate all commitments assumed in the United Nations Charter."
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Original Language: English
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Sources
Salvador Allende, April 13, 1972, as quoted in Historic Documents of 1972. Washington, DC: CQ Press.
https://en.wikiquote.org/wiki/Third_World
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Third World
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