capitalism has always required cheap labor and resources from a periphery, and the West has maintained that imperial arrangement through violence. it’s imperative that we transition to a post-capitalist economic system. @jasonhickel.bsky.social on the Better Future Pod:
1/ 🤔 🌍 Are poorer countries "catching up" with the richer ones? A new study led by #ICREAResearcher @jasonhickel.bsky.social and Dylan Sullivan(@icta-uab.bsky.social) found that the income gap between richer and developing countries widened by 170–270% between 1960 and 2023.👇 bit.ly/4b4a05O
The myth of catch-up development: trends in core–periphery inequality from 1960 to 2023The conventional narrative in international development holds that poorer countries are “catching up” with richer countries through the process of capitalist growth. This paper assesses this claim ...www.tandfonline.comThe reason we produce so many private jets and not enough healthcare is that ultra-wealthy people have taken over our economy and democracy. @jasonhickel.bsky.social says taxing the rich is about taking that power back, so we can make more democratic decisions about the future we want to build.