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submitted 5 months ago by naturalgasbad@lemmy.ca to c/worldnews@lemmy.ml
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[-] OurToothbrush@lemmy.ml 2 points 5 months ago

The periphery. Basic term if you've read anything serious on capitalism and how it functions in the world.

[-] Kusimulkku@lemm.ee 1 points 5 months ago
[-] OurToothbrush@lemmy.ml 1 points 5 months ago* (last edited 5 months ago)

Countries within the capitalist system which are underdeveloped through violence and coercion in order to be able to extract a higher surplus value extraction to constant capital ratio for capitalists is the gist of it.

Please let me know if there are any terms or concepts I should break down further. (Earnest)

[-] Kusimulkku@lemm.ee 1 points 5 months ago

I think I get it now. Thanks for explaining.

Please let me know if there are any terms or concepts I should break down further. (Earnest)

Nothing comes to mind right now

this post was submitted on 29 May 2024
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