third world country's are either
A: A socialist regime or
B: A dictatorship
Either way it is when a collective government is in power
which won't allow free market capitalism to provail.
Just compare Hong Kong, Japan, South Korea, Taiwan to former USSR, Sth America and Africa.
Remember Socialism uses force to achieve its goal, to control and feed the poor you must take by force from someone else.
An ideology that promotes force and spending someone else's money only keeps the poor poor and the rich rich.
The reverse theory applies to big corporations who use socialism as a way to stop small business and competition, just look at coles safeway, the big 4 etc etc.
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