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Better Lives for All w/ Jason Hickel

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Empower Local Needs Over Foreign Profits

Global North countries exhibit excessive consumption of resources, while Global South countries experience under-consumption despite their vast productive capacities. This disparity leads to significant deprivation in the Global South, where labor, resources, and production capabilities are utilized primarily to service foreign capital, resulting in low wages and minimal consumption. For meaningful improvement, Global South nations must redirect production to fulfill their own human needs by focusing on essential services like housing, healthcare, and education. Achieving this requires robust industrial policies and increased public investment to empower local economies, moving away from reliance on foreign capital that prioritizes profitability over community welfare.

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