Parsani
joined 2 years ago
I can't wait until he $tart$ $pelling Amerikkka properly
Land of the free
I think I'm having a stroke
So new chip sanctions will be announced on Thursday ig
YOU LAUGHED AT ME BECAUSE I DID COKE AND PLAYED WITH A GRENADE ON A PLANE (
). WELL THE NEWSMEGA IS UNDER 4K, SO WHO IS LAUGHING NOW?!
Maybe he can resolve the problem of the fascist credit card
Read the first chapter of the Smiths book. The example he gives of a t shirt from Bangladesh and how a single shirt produces more in tax for the German state than the factory and workers get for producing it is a great example and one which applies historically as well (IIRC its from another paper which may go into more detail). The bit on trade unions and how policy which penalizes the production in global south via tarrifs benefits workers in the west is also good.
The rest of the book gets real in the weeds of terminology and structure, but the first chapter is concise and clear.
I think the answer is that in the second half of the 19th century, workers fought more intense class struggle and the British bourgeoisie was able to sacrifice more profits to ameliorate them since the super-profits were rolling in from the colonies, but would like to see more inquiry into all that.
I'd honestly be surprised if Wallerstein didn't address this in his books. He is making a similar argument in the first one, which was written on the period before the height of colonial expansion into the west, east and south IIRC. I put it down because it was too detailed lol.
I haven't gotten this far in these very long books, but Wallerstein may have addressed this in the world systems book covering that period. It may be in this one: The Modern World-System, vol. IV: Centrist Liberalism Triumphant, 1789–1914 or vol III. Edit: vol III looks like the right one
This is the answer though:
from transfers of profits from the huge colonial empires that England had accrued by the mid-19th century.
I think even Keynes talked about this.
You could also look at Jason Hickel, as he may have written something on this. There is also Smiths Imperialism in the 21st century, which is great, but about how this functions today.
Not sure if this was posted before. Roberts on Milanovics new book. Interesting read.
https://thenextrecession.wordpress.com/2023/11/09/visions-of-inequality/
Smh tankies will support this. You won't be laughing when they come for you after you accept $100m in bribes.