If the real wages (accounts for monetary deflation) of the Middle East, Western Europe, Rich Asia Pacific (Singapore, HK, Taiwan, Japan) and Western Offshoots (US, Canada, Australia, NZ) were to go down to being worth 10 times whatever it takes in the local currency to achieve a standard of living as that of the EU mean, then the wage ratios of everyone else would go up to being worth at least 10 times as much as the cost of basic needs too.
Just this by itself will make the 47-57% of humanity who don't even have wages worth 1 times whatever it takes to meet their basic needs live with at least 10 times as much.
https://www.oecd.org/wise/how-was-life-9789264214262-en.htm
Just this by itself will make the 47-57% of humanity who don't even have wages worth 1 times whatever it takes to meet their basic needs live with at least 10 times as much.
https://www.oecd.org/wise/how-was-life-9789264214262-en.htm
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T]he English proletariat is actually becoming more and more bourgeois, so that the ultimate aim of this most bourgeois of all nations would appear to be the possession, alongside the bourgeoisie, of a bourgeois aristocracy and a bourgeois proletariat. In the case of a nation which exploits the entire world this is, of course, justified to some extent.
https://marxists.architexturez.net/archive/marx/works/1858/letters/58_10_07.htm
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You ask me what the English workers think about colonial policy. Well, exactly the same as they think about politics in general: the same as what the bourgeois think. There is no workers' party here, there are only Conservatives and Liberal-Radicals, and the workers gaily share the feast of England's monopoly of the world market and the colonies.
https://www.marxists.org/archive/marx/works/1882/letters/82_09_12.htm
The truth is this: during the period of Englandโs industrial monopoly the English working-class have, to a certain extent, shared in the benefits of the monopoly. These benefits were very unequally parcelled out amongst them; the privileged minority pocketed most, but even the great mass had, at least, a temporary share now and then. And that is the reason why, since the dying-out of Owenism, there has been no Socialism in England.
With the breakdown of that monopoly, the English working-class will lose that privileged position; it will find itself generally โ the privileged and leading minority not excepted โ on a level with its fellow-workers abroad. And that is the reason why there will be Socialism again in England.
https://www.marxists.org/archive/marx/works/1885/03/01.htm
www.marxists.org
Letters: Marx-Engels Correspondence 1882
[A]part from the unexpected--a really general workers' movement will only come into existence here when the workers are made to feel the fact that England's world monopoly is broken. Participation in the domination of the world market was and is the basis of the political nullity of the English workers. The tail of the bourgeoisie in the economic exploitation of this monopoly but nevertheless sharing in its advantages, politically they are naturally the tail of the "great Liberal Party," which for its part pays them small attentions, recognises trade unions and strikes as legitimate factors, has relinquished the fight for an unlimited working day and has given the mass of better placed workers the vote. But once America and the united competition of the other industrial countries have made a decent breach in this monopoly (and in iron this is coming rapidly, in cotton unfortunately not as yet) you will see something here.
https://www.marxists.org/archive/marx/works/1883/letters/83_08_30.htm
Their prediction that the heart of the imperial core would cease to exist with the rise of imperialist competition and therefore colonial chauvinism wouldn't be a problem anymore turned out to be wrong.
Britain did lose it's rank as the heart of the core and it's monopoly on the world market, but only for that rank to be taken up by the US. Ever since then, they have also given up on competing with each and rather merged their structures of imperial domination into the singular collective world system, thereby all sharing the monopoly power over the world market.
What they prescribed as a solution to a problem then under those conditions may not apply to the present day under different conditions but their analysis of the problem and the problem still does, even more so than it did back then.
www.marxists.org
Letters: Marx-Engels Correspondence 1883
once [China] and the united competition of the other industrial countries [periphery] have made a decent breach in this monopoly you will see something here.
https://doi.org/10.1016/j.gloenvcha.2022.102467
https://doi.org/10.1016/j.gloenvcha.2022.102467
The Northโs reliance on appropriation from the South has generally increased over the period (despite a significant drop after the global financial crisis) whereas the Southโs losses as a share of total economic activity have generally decreased, particularly since 2003, due to an increase in South-South trading and higher domestic GDP creation or capture within the South, both driven largely by China.
https://www.nature.com/articles/s41467-018-04337-y
As a percent of GDP, the transfer to the advanced economies amounted to 16.1% of Sub-Saharan GDP (in 2009). The transfer to the advanced countries could be as high as 20% of Sub-Saharan Africaโs GDP, if one uses a higher factor d for estimation purposes. The transfer to China amounted to 0.5% (i.e., one half of a percent) of GDP.
https://www.researchgate.net/publication/359145830_Estimating_Unequal_Exchange_Sub-Saharan_Africa_to_China_and_the_World
https://www.nature.com/articles/s41467-018-04337-y
As a percent of GDP, the transfer to the advanced economies amounted to 16.1% of Sub-Saharan GDP (in 2009). The transfer to the advanced countries could be as high as 20% of Sub-Saharan Africaโs GDP, if one uses a higher factor d for estimation purposes. The transfer to China amounted to 0.5% (i.e., one half of a percent) of GDP.
https://www.researchgate.net/publication/359145830_Estimating_Unequal_Exchange_Sub-Saharan_Africa_to_China_and_the_World
Forwarded from Anticapitalist Surrealism ๐ฉ๐ฆพ๐ป (Francesco Tangredi)
Forwarded from Anticapitalist Surrealism ๐ฉ๐ฆพ๐ป (Francesco Tangredi)
Zionists are beginning to use the "I'm literally neurodivergent and a minor" as an excuse for their genocide
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[A]ll NATO member states have free-market economies with the private sector playing the leading role...I commend the steps that you have made in this area. Small and medium enterprises are in private hands, and new, private businesses continue to be created...the mass privatization plan represents a major step toward giving the Polish people a direct stake in the economic future of their country.
But this is not the time to stop. I believe that large, state-owned enterprises should also be placed into the hands of private owners, so that they can be operated with economic, rather than political, interests in mind. For Poland to be in the vanguard of Western economies in the 21st century, businesses like banks, the energy sector, the state airline, the state copper producer, and the telecommunications monopoly will have to be privatized.
https://pl.usembassy.gov/senator_biden_speech/
U.S. Embassy & Consulate in Poland
Senator Joseph R. Biden, Jr.โs Speech before the Euro-Atlantic Association in Warsaw
POLAND AND NATO SENATOR JOSEPH R. BIDEN, JR. SPEECH BEFORE THE EURO-ATLANTIC ASSOCIATION WARSAW WARSAW UNIVERSITY, WARSAW, POLAND MARCH 25, 1997 I
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