No dialogue with capitalism should begin until its roots and construction have attempted to be understood
Archive for June, 2020
Plantation-Capitalism
Posted: June 17, 2020 in Imperialism, Monetary SystemTags: Capitalism, Slave Trade
VIEW: The Deceptive Promise of Free Trade
Posted: June 14, 2020 in Geo Politics, Imperialism, PovertyTags: Free Trade, Global Trade
This documentary explores the impacts of tariffs across global jurisdictions. Most interestingly is the historical lens through which this documentary notes this arrangement was established
Much of this links back to Ha Joon Change’s “23 things they don’t tell you about capitalism”
A poignant part of this documentary was the brief mention of the number of refugees fleeing their homeland to also ‘access’ Europe’s markets. In addition, the great wealth discrepancy in ownership is also a direct contributor of the former
Of almost equal importance is the link to financial transactions across borders and how taxes are the equivalent of tariffs for non physical flows. However these can all too easily be circumvented due to the absence of a unified tax regime…and that is also why the world may not see one anytime soon
And herein exposes the inherent nature of capitalism; a discriminatory system that keeps those with wealth and those without, at different ends of the spectrum