Been trying to tell some European sucdem friends of mine how their welfare state is indeed based on exploitation of the global south (cheap credit and all that) and thus on a bad day my sympathy for its erosion by European chuds and Yank fetishizers can be somehow limited. They get trigged every time.
That but also the ability to borrow money/issue public debt at a cheap rate thanks to their control/relative hegemonic position in the global financial market and institutions.
Been trying to tell some European sucdem friends of mine how their welfare state is indeed based on exploitation of the global south (cheap credit and all that) and thus on a bad day my sympathy for its erosion by European chuds and Yank fetishizers can be somehow limited. They get trigged every time.
I'd like to know how European soc-dem societies exploit the global south. Is it stuff like outsourcing labor and resources?
That but also the ability to borrow money/issue public debt at a cheap rate thanks to their control/relative hegemonic position in the global financial market and institutions.