"freedom is merely privilege extended unless enjoyed by one and all"
this post was submitted on 25 Jul 2024
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the_dunk_tank
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https://hexbear.net/comment/5172599
There is a lot to get into and I am short of time, but I wouldn't really say "inefficient" - after all, the median worker in the global south has directly and indirectly more surplus value extracted at lesser compensation (super-exploitation and super-profits) - that's very efficient. All those mountains of goods produced and they will probably never go on any trips or consume like westerners feel they have to - EDIT I assume you meant to say that, maybe I just overreading things
Well, what I mean exactly is that production in the poorer nations is usually significantly more labor intensive. If the labor of rich country citizens exchanged at the same rate as those of poorer countries, a first worlder would going to a third world country would actually experience a massive decline in purchasing power.