#global political economy
“Much like the US and the western European nations, the standards of living in the Nordic countries are based not on having invented a wonderful system that can provide for everyone’s needs, but based on the exploitation of resources and labor of the global south. Lenin described one of the key tendencies of imperialism as ‘the exploitation of oppressed nations—which is inseparably connected with annexations—and especially the exploitation of colonies by a handful of 'Great’ Powers, increasingly transforms the 'civilised’ world into a parasite on the body of hundreds of millions in the uncivilised nations.’ While the large colonial empires of Lenin’s time have largely dispersed, the relationships have not so much disappeared as they have changed form. The global south is exploited, and the western powers profit.”
