Great video he seems like a nice person just on the edge of becoming a socialist if he read theory(if he isn't already).
I don't regret watching all of it, this is well above average YT content these days, thank you.
File this one under the "content creator I sort of knew existed and was familiar with but never actualy watched their videos because I probably knew as much or more than they do on the topic, well turns out they suck so bullet dodged lol lmao even" category.
For those that are interested MR also did a post about this too recently. Further thoughts on the economics of imperialism
There are also a few interesting charts and obvious correlations for example
We found that since the end of WW2, the imperialist bloc (IC) annually got around 1% of their GDP through the transfer of surplus value in international trade from the rest of the major ‘developing’ economies (DC) in the G20; while the latter lost about 1% of their GDP in surplus value transferred to the imperialist bloc. And these ratios were rising.
What I also found was that after accounting for the debits ie income flowing out, the NET position was even starker. The annual net flow of income to the G7 economies was around 0.5% of G7 GDP. Indeed, the top five imperialist economies (G5) obtained a staggering 1.7% of their annual GDP from such net inflows. In contrast, the BRICS economies lost 1.2% of their GDP a year in net outflows.
If you look at the net income flows for each G7 and BRICS countries, the biggest gainers over the last two decades have been Japan with its huge foreign asset holdings and the UK, the rentier centre of financial circuitry. Those BRICS countries that have lost the most (as a share of their GDPs) have been South Africa and Russia.
If anyone wants to be realy concerned about the Russian economy the only thing that matters is whether the Russian government and central bank fully embrace this mainstream economics garbage. That is the only concern but the good news is not just the war effort, but the future reconstruction of the liberated territories will give yet another boom to the local economies in a few years.
The neolibs currently in charge lucked themselves into a Chinese like public investment driven boom, if they realize this is what is happening and reject these stupid mainstream narratives they'll be fine in the future, if not at least in the short term there is not much they can do wrong.
Their software doesn't even work correctly with some games and who knows when they'll fix it, for example I have a g502 and in order to use a mouse click in a macro I have to run their software in admin mode. This was a fix I only found on reddit 3 years ago and still no change.
I think nothing ever happens gang should win this. I don't think the US wants to risk another oil crisis right before the election. A massive new inflation crisis or worse right before the election could be one way for Kamala to lose.
If Israel continues to escalate and Ukraine manages a lucky hit on some important Russian infraestructure, a Venezuelan coup would maybe push things over the edge.
Little rat thinks he is American or something? Brazil also has compulsory voting and the penalty disproportionately hurts the poor i.e a fee and unable to use some public services.
That last part is referencing Oct-November 2022 and is definitely no longer relevant today. Besides Putin isn't Hitler in the bunker giving direct orders to fictional divisions. Its perfectly normal for Russian military to have their own internal dialogue, it would be weirder if they didn't !?
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