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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Wednesday, 27-Nov-2024 04:41:29 JSTCelloMom On CarsCelloMom On Cars
    in reply to

    "Economists Samir Amin and Arghiri Emmanuel described this as a “hidden transfer of value” from the South, which sustains high levels of income and consumption in the North. The drain takes place subtly and almost invisibly, without the overt violence of colonial occupation and therefore without provoking protest and moral outrage.

    Today, the global North drains from the South commodities worth $2.2 trillion per year, in Northern prices."

    https://www.aljazeera.com/opinions/2021/5/6/rich-countries-drained-152tn-from-the-global-south-since-1960

    In conversationabout a year ago from mastodon.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: www.aljazeera.com
      Rich countries drained $152tn from the global South since 1960
      from Jason Hickel,Dylan Sullivan,Huzaifa Zoomkawala
      Imperialism never ended, it just changed form.
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