Yes, this is externalized in capitalism to the developing countries which it plunders (and which well into the 60s, most major capitalist forces used to have directly as colonies)...
Modern colonialism (Spain, Portugal, Netherlands, Belgium, England, France, and to a lesser degree US, Italy, and Germany) was a practice of the emerged capitalist states that started and flourished after the historically agreed upon dawn of capitalism (circa late medieval Italian city states and later the rest of Europe), and fed it.