The West steals $10-$12 Trillion/yr in embodied raw material equivalents, embodied land, embodied energy, and embodied labour:
> The economic growth and so-called advanced economies (think Germany, The U.S, Japan, etc. What's been referred to as the “Global North”) relies by a large proportion on a significant net appropriation of resources and labor from the “Global South” (think Kenya, Peru, the Philippines, etc). This appropriation reaches astronomical levels. In 2015 alone, the north appropriated 12 billion tons of embodied raw material equivalents, 822 million hectares of embodied land, 21 exajoules of embodied energy, and 188 million person-years of embodied labor; worth [a total] $10.8 Trillion in northern prices. Enough to end extreme poverty 70x over.
y0eswddl•1h ago
> The economic growth and so-called advanced economies (think Germany, The U.S, Japan, etc. What's been referred to as the “Global North”) relies by a large proportion on a significant net appropriation of resources and labor from the “Global South” (think Kenya, Peru, the Philippines, etc). This appropriation reaches astronomical levels. In 2015 alone, the north appropriated 12 billion tons of embodied raw material equivalents, 822 million hectares of embodied land, 21 exajoules of embodied energy, and 188 million person-years of embodied labor; worth [a total] $10.8 Trillion in northern prices. Enough to end extreme poverty 70x over.