I thought this was self explanatory since you guys mainline a lot of starving African kids in your mainstream media atleast, but apparently contrarianism has meant Chapos going the full circle and denying that it is actually even worse there.
Sincerely, someone in the global south. If you disagree, post below, I have a lot of time to explain.
Adding an edit to copy paste a comment where I replied in terms of what I mean
The amount of precariousness someone poor in the first world might face is not really comparable to what poverty in the south looks like. Rule of law is absent, the government is also absent, so while the social security net may be failing or too small in the first world– it’s entirely absent in the third. There aren’t enough teachers or doctors even for the people who can afford them. Children are born into indentured labour, by which I mean they are born to work off their parents debt, usually working from the age of 4 onwards. While we are all comrades, under the same boot of the bourgeoisie, remember that the workers of the third world may view the way that first world workers live in poverty as basically the good life.
I posted a version of this in another thread, but the amount of precariousness someone poor in the first world might face is not really comparable to what poverty in the south looks like.
Rule of law is absent, the government is also absent, so while the social security net may be failing or too small in the first world– it's entirely absent in the third. There aren't enough teachers or doctors even for the people who can afford them. Children are born into indentured labour, by which I mean they are born to work off their parents debt, usually working from the age of 4 onwards.
While we are all comrades, under the same boot of the bourgeoisie, remember that the workers of the third world may view the way that first world workers live in poverty as basically the good life.
Can you talk a little more about the economic structure? That is, who is in charge of the companies, are they local, global, both? Why and how is government absent?
This is from a place of severe lack of knowledge on my part, and I really want to understand
The companies are technically local but they are usually subcontractorss to many global conglomerates.
Government is absent because government is poor. Many of these states just don't have any capital base to raise taxes from. Even if they do in general, there is no value governing many poor areas, they generate neither income, nor own enough land worth taxing. Ceding control the local landowner is cost effective. Think of it being basically feudal. Running a federal government costs money.
In some of these countries, their vote is also not worth courting because voter suppression or their candidates get offed because pissing off the people who bring in the jobs makes no sense. Who will create the jobs if not the global conglomerates subcontractors. That's why they're not taxed too much or given any scrutiny.
Follow up question that I've been asked before that I just am not sure about:
"Why don't the locals just build their own businesses and make their own jobs?"
To me the answer is lack of local capital, but is this right? And can you provide a bit more detail?
They can't compete with the capital flooding into the west, dollars are stronger than most of these countries currencies. A lot of developing countries succeed when they shut the west out actually.
What does "strong Currency" mean and why does that lead to capital flight, as opposed to direct violence and intimidation or government policy?
Or are these all pieces of the whole picture?
Pieces of the whole picture. Strong Currency means that the absolute value of your dollar is worth more than the other currencies, as a result of being propped up through subsidies, tarriffs and powerful central banks. Everybody wants to trade in dollars because they're what the world's economic systems are plugged to.
yeah, the flow of capital to these places is severely restricted. and like everywhere else, even when there is capital, it's in the hands of the wealthiest, not accessible to poor workers. and then, even if you surmount those hurdles and start a business, who's going to pay you when no one has any money? this is what keeps regional capital out.
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