"The Global South’s workforce provides a staggering 90% of the labor to power the world economy, yet gets only 21% of global income"

Fascinating research. Mega-ports are a key infrastructure for this transfer of labor & resources

https://www.science.org/content/article/rich-countries-drain-shocking-amount-labor-global-south

Reply to this note

Please Login to reply.

Discussion

They measure the amount of labor by hours worked, which makes no sense whatsoever. They seem to be using labor theory of value which has been rejected by economists in favor of subjective theory of value, therefore the conclusions from the research are meaningless.