this post was submitted on 02 Jun 2025
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[–] avidamoeba@lemmy.ca 4 points 3 days ago* (last edited 3 days ago) (4 children)

China has, with different strings attached.

As for individuals or NGOs, I don't know. That said, as GiveDirectly have shown, it's not complicated to spend effectively if you don't want to exercise significant control. All you have to do is give the money directly to poor people. That's about it. They will circulate it and recirculate it in the local economy, multiplying the effects.

Or you could get China to build the equivalent of a fifth of the B&R infrastructure on your dime without the strings attached. Trains, roads, ports, power generation, etc.

Or if you wanted to help curb the ability of someone else accumulating as much as you did, establish funds for worker co-op startup firms, unions and socialist politicians' campaigns.

[–] Doom@ttrpg.network 1 points 3 days ago (2 children)
[–] avidamoeba@lemmy.ca 3 points 3 days ago (1 children)

Since 2013 or so with the Belt and Road Initiative.

[–] Doom@ttrpg.network 0 points 2 days ago

doesn't that just put poor countries into debt with China?

not really the same at all. sounds pretty neoliberal if you ask me

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