Great comment, except you listened to it via audiobook. Not trying to be a wisema'am, it just struck me as chuckle-worthy. To atone for my sin of nitpicking, please accept me quoting the ultimate point:
In most of the Global South, conditions for the working class have actually gotten worse since the 1970s, not better, because of the West crushing developmentalism. In order to distract the world from this systematic oppression, the West then created the concept of foreign aid, giving crumbs back for PR from the trillions they steal from the Global South.
I'll note it's reflected back in the empire, on a much lesser scale than in the global South. I wonder if it's why my fellow USians are slower to catch on?