Based on a 2021 study by economic researchers Jason Hickel, Dylan Sullivan, and Huzaifa Zoomkawala, it is estimated that the Global North (developed/central countries) drained over $152 trillion in wealth from the Global South between 1960 and 2018 (or 2021 in later updates)
Yes, and? If we didn't do it, someone else would have.
Do you think Latin America would be poorer, or richer, if the US didn't exist?
>>534503979Not that much, that's about how much global GDP is in a year.
>>534503979its a bullshit calculation based on simple raw material exports. there was no "wealth" there to drain, however the Global North adds value by creating useful things out of those materials.
>>534503979so why didn't the global south do that against the north??oh thats right you are all retarded
Huzaifa Zoomkawala is an independent scholar, data analyst and poet based in Karachi. His work focuses on feminist and anti-colonial approaches to contemporary social issues
what were the comments on the original video post? this shit is fucking racial misogyny.
>>534503979Payback for the Barbary slave trade.
>>534503979I want the fatty.
ancient Iranians cut complex wells and mountain water ways to bring water into the cities. the current Iranian regime let them collapse and degenerate, causing them to have the worst water shortage in the world, completely of their own making.
>muh resourcesmeanwhile they contributed quadrillions in livable value by building livable infrastructure and tried their hardest to get brownoids to stop killing each other (impossible since the savagery is genetically coded, but they at least lessened it)
>>534503979Yeah and it's a drop in the bucket what we're owed keeping you retards alive
>>534503979The 2021 paper by Jason Hickel, Dylan Sullivan, and Huzaifa Zoomkawala makes a strong claim, but its conclusions depend heavily on assumptions that are not widely accepted in mainstream economics:1) “Unequal exchange” is model-driven, not directly observedThe core calculation assumes goods from the Global South are systematically underpriced relative to a counterfactual “fair” Northern price (often using purchasing power parity). That “fair price” is theoretical—there’s no agreed empirical benchmark—so the measured “drain” largely reflects the model’s assumptions rather than observable transfers.2) PPP adjustments are misapplied for trade valuationPurchasing power parity is designed to compare living standards, not to reprice exports in international trade. Using it to claim that exports are “undervalued” can artificially inflate the size of the supposed transfer.3) Ignores productivity and value-added differencesWage and price differences across countries often reflect differences in capital intensity, technology, logistics, and institutional quality. Treating lower export prices primarily as exploitation overlooks these structural productivity gaps.4) Counterfactual growth estimates are speculativeThe larger headline numbers (e.g., $152 trillion) depend on assumptions about how fast Global South economies would have grown without unequal exchange. Those counterfactuals are inherently uncertain and sensitive to small changes in assumptions.5) Selective treatment of globalization effectsThe framework emphasizes losses from trade pricing but gives limited weight to gains from trade, technology transfer, foreign investment, and export-led growth (e.g., East Asian development), which many economists see as central to poverty reduction.
>>534503979>This paper quantifies drain from the global South through unequal exchange since 1960. According to our primary method, which relies on exchange-rate differentials, we find that in the most recent year of data the global North ('advanced economies') appropriated from the South commodities worth $2.2 trillion…Appropriation through unequal exchange represents up to 7% of Northern GDP and 9% of Southern GDP.only 7% of GDP? really?then we're not rich by looting the South at allwe're rich by other means
>>534505061Bottom line:The paper presents a coherent argument within a specific theoretical tradition, but its quantitative claims are not robust across alternative assumptions and are not broadly accepted as a measurement of actual wealth “drain.”
>>534505096The authors: political and economic orientationsJason HickelField: Economic anthropology, development studiesCore positions:Advocate of degrowth (reducing material consumption in wealthy countries)Strong critic of neoliberal capitalism and global inequalitySupports redistribution at a global scale (e.g., fairer trade terms, debt cancellation, climate reparations)Framing: Aligns with post-development and dependency theory traditions; emphasizes structural imbalances between rich and poor countries.Dylan SullivanField: Political economy / inequality researchCore positions:Focus on global inequality, poverty measurement, and labor conditionsCritical of narratives that globalization alone has solved povertyGenerally aligned with left-wing political economy, emphasizing structural constraints on developmentFraming: Works within similar analytical frameworks as Hickel, often emphasizing distributional injustice in global systems.Huzaifa ZoomkawalaField: Political economy (less publicly profiled than the others)Core positions:Contributes to research on unequal exchange and global development disparitiesOperates within the same broader framework emphasizing systemic inequality in global tradeFraming: Associated with critical development economics, focusing on North–South imbalances.Overall characterizationAll three authors are working within a critical political economy perspective that:Questions the fairness of global marketsEmphasizes structural inequality between nationsGenerally supports redistribution, reform of global trade systems, and reduced dominance of wealthy economiesThis perspective is influential in some academic and activist circles, but it sits outside the mainstream consensus in economics, particularly regarding how to measure and interpret global trade relationships.
>>between 1960 and 2018 (or 2021 in later updates)we stole from them after colonization?personally, I thank jews and their shitskin slaves for saying things so retarded and resentful. there's no better catalyst for Aryan racial consciousness.
>>534504104Wrong.If those areas (the concept of a “country” didn’t even occur to them) hasn’t been developed by actual human beings they’d still be sitting on top of untapped mineral wealth while they chucked spears are wild animals and ate each other.
>>534505250>between 1960 and 2018retard
>>534503979>vidBrownoid cope.>Based on a 2021 study by economic researchers Jason Hickel, Dylan Sullivan, and Huzaifa Zoomkawala, it is estimated that the Global North (developed/central countries) drained over $152 trillion in wealth from the Global South between 1960 and 2018 (or 2021 in later updates)Leftist tranny cope. It’s the U.S. draining money from everyone else through the enforcement of the U.S. dollar as the main reserve currency.
>>534505605its definitely the eternal anglo that holds you back, not the favela negro
>>534503979>from the Global South Define that , brown.
>>534507736>its definitely the eternal anglo that holds you back, not the favela negroCorrect. London Cental Bank.And London based banking empire that together with massive offshores, collects a MASSIVE % of world's trade. >as banking and credit card fees.
>>534505605>It’s the U.S. draining money from everyone else through the enforcement of the U.S. dollar as the main reserve currency.Even then its not even to the benefit of the average citizen. Just the finance class.
>>534505605No, US banks control less that 10% of world's trade. London Central banks + british offshores, the word on the street is, that they control over 20% of world's trade.>and basically collect banking fees, >credit card transaction fees>wire transfer fees etc.
>>534503979im 100% a man and im more feminine than either of those fugly thots
Good documentaries about banks: >Banksters | How Britain’s Banks Turned on Small Businesseshttps://www.youtube.com/watch?v=5uCLn6Bcn9I >HSBC: The World's Most Corrupt Bank?https://www.youtube.com/watch?v=DySE0Exygkk>BBC Documentary - The Money Trap - How Banks Control the World Through Debthttps://www.youtube.com/watch?v=Fg4VhALXgwE>97% Owned: The Money System | Finance Documentary Film (Netflix)https://www.youtube.com/watch?v=XcGh1Dex4Yo >The Real Story Behind Britain's Offshore Tax Scandal | Britain's Second Empire | Timelinehttps://www.youtube.com/watch?v=-YgFDZNXPyg
>>534503979yea off course. it all went into my tiny piss apartment and my bike because i dont have a car.>10 gorilllionrillion raparaschnsyou wont get shit, i wont pay any of it back. they should have killed you all, stop going on my nerves.blame the super rich and not me, thank you retards.
youre not allowed to blame these super rich filthy greedy bastards. theyre very scared of you plebeians because theyre just 5 families or so^^they dont want to get killed by you but you would never do this anyway you useless schmocks. its just paranoia from all sides.
>>534503979It's just redistribution and equity. Why the fuck should the Global South get to own and hoard all the resources? Those fat cats who 'inherited' vast asset wealth should be forced to share with those who weren't born into privilege.
its not schmelon my dears. this is not how this works. schmelon is just a retarded puppet.
>>534503979You owe us 850 trillion dollars for civilizing you and migration costs. Consider it 152 deducted, make it 200 since I am being generous
now imagine youre these guys that must free themselves from this prison but they cant see the exit.what are they going to do?spin circles of course until they die :3
>>534503979Left is definitely cuter but right looks like she'd be fun to kick back with a few beers and watch a movie with
>>534503979If the global south had 152 trillion, then it wasn't poor.
>>534504104Jacob, stop it!
>>534503979But a followup study in 2022 by Dilbert Pickle, Humana-Humana Wakanda, and Karp Sillywalk, clarified this lost wealth to be the universal currency of rapist alcoholics and unlicensed drivers.
>>534504104False dichotomy JEW shows up immediately.
