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Imperialism and Global Inequality with Jason Hickel

13 snips
Sep 17, 2025
In this engaging discussion, economic anthropologist Jason Hickel explores the intricate links between imperialism and global economic inequality. He critiques mainstream narratives that portray inequality as a natural phenomenon, instead emphasizing capitalism’s and colonialism's roles in perpetuating poverty. Hickel introduces the concept of unequal exchange, using modern examples like the iPhone to illustrate value transfer from the Global South to the North. He also highlights the need for anti-colonial frameworks and global solidarity to combat entrenched disparities.
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INSIGHT

Capitalism Requires An Imperial Frontier

  • Global inequality is not natural but produced by capitalism's need for cheap labor and resources.
  • Imperialism is structurally necessary to sustain capitalist accumulation and created the core–periphery divide.
INSIGHT

Postcolonial Gains Were Reversed By Backlash

  • Decolonization briefly enabled Southern economic sovereignty and development in the 1950s–70s.
  • The core retaliated via coups and IMF/World Bank structural adjustment to restore unequal relations.
INSIGHT

Unequal Exchange Transfers Real Value North

  • Unequal exchange means systematic price gaps transfer real value from South to North despite balanced monetary trade.
  • The South exports more units to buy the same Northern imports, causing a hidden transfer of value.
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