Forwarded from Deleted Account
unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage.
Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy.
Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.
This pattern remains entrenched despite the fact that, with the rise of neoliberal globalization in the 1980s, manufacturing has shifted overwhelmingly to the global South, to the point where Southern countries contribute the vast majority of the world’s industrial labour and industrial production (Smith, 2016).
Northern appropriation from the South comprises resources and labour embodied not only in primary commodities but also in manufactured goods, including high-technology products such as smartphones, computer chips, cars, designer fashion, etc., along with intermediate parts.
Most of this appropriation occurs through global commodity chains, wherein Northern firms deploy monopsony and monopoly power to depress Southern suppliers’ prices at every node, from extraction to manufacture, while setting final prices as high as possible (Suwandi, 2019, Clelland, 2014).
Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy.
Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.
This pattern remains entrenched despite the fact that, with the rise of neoliberal globalization in the 1980s, manufacturing has shifted overwhelmingly to the global South, to the point where Southern countries contribute the vast majority of the world’s industrial labour and industrial production (Smith, 2016).
Northern appropriation from the South comprises resources and labour embodied not only in primary commodities but also in manufactured goods, including high-technology products such as smartphones, computer chips, cars, designer fashion, etc., along with intermediate parts.
Most of this appropriation occurs through global commodity chains, wherein Northern firms deploy monopsony and monopoly power to depress Southern suppliers’ prices at every node, from extraction to manufacture, while setting final prices as high as possible (Suwandi, 2019, Clelland, 2014).
Kampf um die Vorherrschaft der Streamingdienste – der Gewinner, die Verlierer https://www.watson.ch/!888296168
watson.ch
Kampf um die Vorherrschaft der Streamingdienste – der Gewinner, die Verlierer
Im Kampf um die Vorherrschaft im Streaming gingen Milliarden verloren. Nun müssen einige US-Giganten umdenken.
Forwarded from 🎓 TIL - Today I Learned but no 🐝
Forwarded from Lacan's Whore House (Stiefelchen Jäger)
Song of the day 🔥😱: https://open.spotify.com/track/4m3cBz9bSuRiStMJ6KgHMG?si=mNF9kq_PS_eLkx8-kdQOZg
Review für 2023, Preview auf 2024: https://www.srf.ch/kultur/gesellschaft-religion/kultur-highlights-2024-alles-neu-macht-neujahr-was-sie-2024-sehen-lesen-hoeren-muessen
Schweizer Radio und Fernsehen (SRF)
Kultur-Highlights 2024 - Alles neu macht Neujahr: Was Sie 2024 sehen, lesen & hören müssen
Welche Bücher, Filme, Ausstellungen gehören gekauft oder geschaut? Eine Vorschau – damit Sie das Beste nicht verpassen.
Forwarded from Post-Syndiegram Mamdani Summer Jihad 🇵🇸
Ministry of Doubleplusgood Dope 2️⃣➕😊
Song of the day 🔥😱: https://open.spotify.com/track/4m3cBz9bSuRiStMJ6KgHMG?si=mNF9kq_PS_eLkx8-kdQOZg
A category of this channel is my ongoing series of "song of the day". I collected them in a playlist for 2023. You can find it here: https://open.spotify.com/playlist/4nb9kfL2IgB7zUEP2rAWET?si=DI7x6-emT02-89Zq2sHIPQ&pi=e-uTVKCtxTRt6Y
I might proceed in 2024 with a new playlist.
I might proceed in 2024 with a new playlist.
Ministry of Doubleplusgood Dope 2️⃣➕😊 pinned «A category of this channel is my ongoing series of "song of the day". I collected them in a playlist for 2023. You can find it here: https://open.spotify.com/playlist/4nb9kfL2IgB7zUEP2rAWET?si=DI7x6-emT02-89Zq2sHIPQ&pi=e-uTVKCtxTRt6Y I might proceed in 2024…»
Forwarded from Post-Syndiegram Mamdani Summer Jihad 🇵🇸
Forwarded from Shower Thoughts 🚿
100% of people who don't understand the difference between causation and correlation will die.
😁1
Forwarded from Post-Syndiegram Mamdani Summer Jihad 🇵🇸