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he thinks the current predicament says more about the continuities with colonial history than it does about some ruptured future. For some people in the world, the catastrophe has already happened. 

"I come from a part of the world where we didn't have very rosy expectations of the world or the future," says Ghosh. "We knew there would be a lot of upheavals, and we witnessed these upheavals at first hand, so in that sense I think Westerners had a belief in stability and the promise of the future that I didn't share."

a massive-scale economic adaptation to a new distribution of resources, is too scary to consider: The end of capitalism would be as bad as the end of the world.  "The people who saw the climate crisis first are at the absolute other end: farmers, fishermen, Inuit, indigenous peoples, forest peoples in India, and they've already had to adapt, mainly by moving, finding new livelihoods," says Ghosh. "And indigenous peoples have already lived through the end of the world and found ways to survive."

Ghosh thinks it's no coincidence that the constraints of the bourgeois novel began to form at the same time as the West began to use fossil fuels to project its power around the world.

"Climate change is absolutely an aspect of empire," he says. "The British Empire was essentially built on fossil fuels: It was the British mastery of coal that gave it a huge military advantage over the rest of the world."

"If renewables really were adopted at scale, it would completely shake up the global political order." He argues that oil and gas have to flow through maritime chokepoints controlled by the US, Australia, Britain and Canada, giving them a complete geopolitical advantage.

in the Eastern hemisphere, the issue of historical injustice is central to the issue of climate change. "If you go to any Indonesian, or Indian, or Chinese, even people who are perfectly well aware of the climate threat, and say to them: 'why don't you immediately cut all your emissions?' What will you hear? The answer is always profoundly political, it's: 'The West made this problem, let them give everything up first. This is the terrible dilemma in which we're caught."

"We're always told that rich countries will adapt better: I don't think that's actually true. I think countries with very complex systems, like the United States and in Europe, are in many ways much more fragile. Just consider food distribution."

This helps us to understand why western analysts keep misreading the motivation behind Putin’s actions. His reality is very different from the reality in which these analysts live. His goal is primarily to “recollect Russia’s historical territories” (which specific version of historical Russia he has in mind is for us to rediscover in the next episodes)

another Putin’s favorite that was rumored to be very popular in his close circles a few years ago: “The Third Empire: Russia that Ought to Be” by Michael Yuriev. It’s a utopian fantasy written as a history book from a perspective of a 2054 Latin American narrator. The book describes how 2054 world order was established, and the process has a striking resemblance with contemporary Ukrainian events. It begins with a Recovery period of 2000-12, when the Great Russia starts its resurgence under the rule of Vladimir II the Restorer. Importantly the First Expansion that leads to reunification of significant territory occurs when Eastern and Southern Ukrainian regions rebel against west-organized Orange revolution (supported by western Ukraine). To help the revolting Ukrainians (that want to rejoin Russia) Vladimir II offers to include their Eastern territories into Russia. He then passes a referendum on those territories, and replaces the Russian Federation with the Russian Union (refer to the Custom Union) that also includes Belarus, Prednestrovie, Kazakhstan, Turkmenistan, South Ossetia and Abkhazia

Surveys show that 88 percent of Kiev’s Euromaidan participants came from outside of the capital. Of those only half originated from the country’s western regions, while the other half came from the central and eastern Ukraine. Specifically as many as one fifth (20 percent) of protesters came from the eastern regions alone

country-level data is also against the Ukrainian cultural divide concept. A survey from the Razumkov Center, shows that as of late December 2013 an absolute majority of the population in both the Center (two thirds) and West (80 percent) of Ukraine supported the Euromaidan; this is in contrast to about 20-30 percent in the East and South. However, the share of population that did not express support for the Euromaidan protests remained undecided regarding the alternative option: not supporting the Maidan did not automatically equal supporting the Russian vector or Yanukovych

the preponderance of pro-Russia oriented media in the Russian-speaking East

these media actively emphasized the cultural divide. If anything, the notorious divide exists primarily within Eastern Ukraine alone

Malinowski said governments like China could take advantage of possible U.S. flexibility to actually further their repressive practices in the name of “economic and social rights,” which is a term China often uses to justify its practices. For example, the State Department says China practices widespread Internet censorship to prevent disruptions to the “economic or social order,” according to the most recent human rights report.

Two have previously defended the regimes in Saudi Arabia, the United Arab Emirates and Turkey, all of which stand accused of human rights abuses by international standards.

In 2018, commissioner Russell Berman, a Stanford University professor of comparative literature and German studies, downplayed the outcry over the murder of Saudi journalist Jamal Khashoggi, saying the reaction was politically motivated

Last year, another commission member, Hamza Yusuf, praised the UAE, calling it “a country that is committed to tolerance…. This is a country that is committed to civil society. It is one of the safest countries on the earth.” Contrary to Yusuf’s assertion, the UAE also stands accused of numerous human rights abuses perpetrated on its own citizens.

Asked about Berman’s Khashoggi comments, a senior administration official referred to President Donald Trump’s latest comments about the matter at the G20 summit in Osaka, Japan. During a press conference there, Trump said he was “very unhappy” about Khashoggi’s murder but said “nobody, so far, has pointed directly a finger at the future King of Saudi Arabia,” contradicting the assessment of his own intelligence agency.

Michael Posner, who served at State from 2009 to 2013. Posner expressed doubt that any one commissioner’s personal views would affect the department’s overall policies, but said that their ruminations on long-standing positions held at each of the agency’s many bureaus could muddle the State Department’s overall message.

The official noted that the commission is part of the Policy Planning Staff, a clearinghouse for independent analysis and advice for the secretary of state, arguing that its position means it will not play a role in policy-making

These commissions do not need congressional approval or appropriations of funds. Instead, they are enacted with a “timely notice” in the Federal Register, per a 1972 law, which also says advisory committees may not make policy, leaving such decisions up to the president or “an officer of the federal government.”

Some human rights groups and Democratic lawmakers have also expressed concern that the commission’s goal of refocusing on “unalienable rights” is actually an attempt to narrow the rights the government has to protect, including abortion rights and protections for the LGBTQ community.

a minuscule island in the azure sea, ‘Ata. The island had been inhabited once, until one dark day in 1863, when a slave ship appeared on the horizon and sailed off with the natives. Since then, ‘Ata had been deserted – cursed and forgotten.

A small island, to be precise. Not a tropical paradise with waving palm trees and sandy beaches, but a hulking mass of rock, jutting up more than a thousand feet out of the ocean. These days, ‘Ata is considered uninhabitable. But “by the time we arrived,” Captain Warner wrote in his memoirs, “the boys had set up a small commune with food garden, hollowed-out tree trunks to store rainwater, a gymnasium with curious weights, a badminton court, chicken pens and a permanent fire, all from handiwork, an old knife blade and much determination.” While the boys in Lord of the Flies come to blows over the fire, those in this real-life version tended their flame so it never went out, for more than a year.

The kids agreed to work in teams of two, drawing up a strict roster for garden, kitchen and guard duty. Sometimes they quarrelled, but whenever that happened they solved it by imposing a time-out. Their days began and ended with song and prayer. Kolo fashioned a makeshift guitar from a piece of driftwood, half a coconut shell and six steel wires salvaged from their wrecked boat – an instrument Peter has kept all these years – and played it to help lift their spirits. And their spirits needed lifting. All summer long it hardly rained, driving the boys frantic with thirst. They tried constructing a raft in order to leave the island, but it fell apart in the crashing surf. Worst of all, Stephen slipped one day, fell off a cliff and broke his leg. The other boys picked their way down after him and then helped him back up to the top. They set his leg using sticks and leaves. “Don’t worry,” Sione joked. “We’ll do your work, while you lie there like King Taufa‘ahau Tupou himself!”

They were finally rescued on Sunday 11 September 1966. The local physician later expressed astonishment at their muscled physiques and Stephen’s perfectly healed leg

While the boys of ‘Ata have been consigned to obscurity, Golding’s book is still widely read. Media historians even credit him as being the unwitting originator of one of the most popular entertainment genres on television today: reality TV. “I read and reread Lord of the Flies ,” divulged the creator of hit series Survivor in an interview.

It’s time we told a different kind of story. The real Lord of the Flies is a tale of friendship and loyalty; one that illustrates how much stronger we are if we can lean on each other. After my wife took Peter’s picture, he turned to a cabinet and rummaged around for a bit, then drew out a heavy stack of papers that he laid in my hands. His memoirs, he explained, written for his children and grandchildren. I looked down at the first page. “Life has taught me a great deal,” it began, “including the lesson that you should always look for what is good and positive in people.”

Our analysis confirms that unequal exchange is a significant driver of global inequality, uneven development, and ecological breakdown.

Today, we are told, the world economy functions as a meritocracy: countries that have strong institutions, good markets, and a steadfast work ethic become rich and successful, while countries that lack these things, or which are hobbled by corruption and bad governance, remain poor. This assumption underpins dominant perspectives in the field of international development (Sachs, 2005, Collier, 2007, Rostow, 1990, Moyo, 2010, Calderisi, 2007, Acemoglu and Robinson, 2012), and is reinforced by the rhetoric, common among neoclassical economists, that free-trade globalization has created an “even playing field”.

Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.

Historians have demonstrated that the rise of Western Europe depended in large part on natural resources and labour forcibly appropriated from the global South during the colonial period, on a vast scale. Spain extracted gold and silver from the Andes, Portugal extracted sugar from Brazil, France extracted fossil fuels, minerals and agricultural products from West Africa, Belgium extracted rubber from the Congo; and Britain extracted cotton, opium, grain, timber, tea and countless other commodities from its colonies around the world – all of which entailed the exploitation of Southern labour on coercive terms, including through mass enslavement and indenture. This pattern of appropriation was central to Europe’s industrial growth, and to financing the expansion and industrialization of European settler colonies, including Canada, Australia, New Zealand and the United States, which went on to develop similarly imperialist orientations toward the South (e.g., Naoroji, 1902, Pomeranz, 2000, Beckert, 2015, Moore, 2015, Bhambra, 2017, Patnaik, 2018, Davis, 2002).

for every unit of embodied resources and labour that the South imports from the North they have to export many more units to pay for it, enabling the North to achieve a net appropriation through trade. This dynamic was theorized by Emmanuel (1972) and Amin (1978) as a process of “unequal exchange”.Emmanuel and Amin argued that unequal exchange enables a “hidden transfer of value” from the global South to the global North, or from periphery to core, which takes place subtly and almost invisibly, without the overt coercion of the colonial apparatus and therefore without provoking moral outrage. Prices are naturalized on the grounds that they represent “utility”, or “value”, or the outcome of “market mechanisms” such as supply and demand, obscuring the extent to which they are determined by power imbalances in the global political economy. Price differentials in international trade therefore function as an effective method of maintaining the patterns of appropriation that once overtly defined the colonial economy, allowing blame for “underdevelopment” to be shifted onto the victims.

Following Dorninger et al. (2021), we use a “footprint” analysis of input–output data to quantify the physical scale of raw materials, land, energy and labour embodied in trade between the North and South, looking not only at traded goods themselves but also the upstream resources and labour that go into producing and transporting those goods, including the machines, factories, infrastructure, etc.

Grounding our analysis in the physical dimensions of unequal exchange is important for several reasons. First, these resources – raw materials, land, labour and energy – embody the productive potential that is required for meeting human needs (use-value) and for generating economic growth (exchange-value). Physical drain is therefore ultimately what drives global inequalities in terms of access to provisions, as well as in terms of GDP or income (see Hornborg, 2020). Second, this approach allows us to maintain sight of the ecological impacts of unequal exchange. We know that excess energy and material consumption in high-income nations, facilitated by appropriation from the rest of the world, is causing ecological breakdown on a global scale. Tracing flows of resources embodied in trade allows us to determine the extent to which Northern appropriation is responsible for ecological impacts in the South; i.e., ecological debt (Roberts and Parks, 2009, Warlenius et al., 2015, Hornborg and Martinez-Alier, 2016).

Due to the growing fragmentation of international commodity chains, monetary databases on bilateral gross trade flows have been criticised for not accurately depicting the monetary interdependencies between national economies (Johnson and Noguera, 2012), i.e., the amount of a countries’ value added that is induced by foreign final demand and international trade relations. Trade in Value Added (TiVA) indicators Johnson and Noguera, 2012, Timmer et al., 2014 are designed to take into account the complexity of the global economy. The TiVA concept is motivated by the fact that, in monetary terms, trade in intermediates accounts for approximately two-thirds of international trade. Imports (of intermediates) are used to produce exports and hence bilateral gross exports may include inputs (i.e., value added) from third party countries (Stehrer, 2012). TiVA reveals where (e.g., in which country or industry) and how (e.g. by capital or labour) value is added or captured in global commodity chains (Timmer et al., 2014).

TiVA, which is sometimes referred to as the “value footprint”, is the monetary counterpart of the MRIO-based environmental footprint because both indicators follow the same system boundaries, i.e., all supply chains between production and final consumption of two countries including all direct and indirect interlinkages. Moreover, in contrast to global bilateral monetary trade flows, TiVA is globally balanced, meaning that national exports and imports globally sum up to zero. This is an important feature of the TiVA indicator that facilitates more consistent and unambiguous assessments.

for every unit of embodied raw material equivalent that the South imports from the North, they have to export on average five units to “pay” for it

For land the average ratio is also 5:1, for energy it is 3:1, and for labour it is 13:1

Table 1. Resource drain from the South.ResourceNorth → South flows 2015South → North flows 2015Drain from South in 2015Cumulative drain from South 1990–2015Raw material equivalents [Gt]3.3715.3912.02254.40Embodied land [mn ha]527.421,349.01821.5932,987.23Embodied energy [EJ]21.5543.5121.06650.34Embodied labour [mn py-eq]31.11219.22188.125,956.62

in the year 2015 the North’s net appropriation from the South totalled 12 billion tons of raw materials, 822 million hectares of land, 21 exajoules of energy (equivalent to 3.4 billion barrels of oil), and 188 million person-years equivalents of labour (equivalent to 392 billion hours of work). By net appropriation we mean that these resources are not compensated in equivalent terms through trade; they are effectively transferred gratis. And this appropriation is not insignificant in scale; on the contrary, it comprises a large share (on average about a quarter) of the North’s total consumption.

significant consequences for the global South, in terms of lost use-value. This quantity of Southern raw materials, land, energy and labour could be used to provision for human needs and develop sovereign industrial capacity in the South, but instead it is mobilized around servicing consumption in the global North.

Eight hundred and twenty-two million hectares of land, which is twice the size of India, would in theory be enough to provide nutritious food for up to 6 billion people, depending on land productivity and diet composition

material use is tightly linked to environmental pressures. It accounts for more than 90% of variation in environmental damage indicators (Steinmann et al., 2017), and more than 90% of biodiversity loss and water stress (International Resource Panel, 2019). Moreover, as Van der Voet et al. (2004) demonstrate, while impacts vary by material, and vary as technologies change, there is a coupling between aggregate mass flows and ecological impact. Net flows of material resources from South to North mean that much of the impact of material consumption in the North (43% of it, net of trade) is suffered in the South. The damage is offshored.

Industrial ecologists hold that global extraction and use of materials should not exceed 50 billion tons per year (Bringezu, 2015). In 2015, the global economy was using 87 billion tons per year, overshooting the boundary by 74% and driving ecological breakdown. This overshoot is due almost entirely to excess resource consumption in global North countries. The North consumed 26.71 tons of materials per capita in 2015, which is roughly four times over the sustainable threshold (6.80 tons per capita in 2015). Our results indicate that most of the North’s excess consumption (58% of it) is sustained by net appropriation from the global South; without this appropriation, material use in high-income nations would be much closer to the sustainable level.

In consumption-based terms, the North is responsible for 92% of carbon dioxide emissions in excess of the planetary boundary (350 ppm atmospheric concentration of CO2) (Hickel, 2020), while the consequences harm the South disproportionately, inflicting dramatic social and economic costs (Kikstra et al., 2021b, Srinivasan et al., 2008). The South suffers 82–92% of the costs of climate change, and 98–99% of the deaths associated with climate change (DARA, 2012)

Net appropriation of land means soil depletion, water depletion, and chemical runoff are offshored; net appropriation of energy means that the health impacts of particulate pollution are offshored; net appropriation of labour means that the negative social impacts of exploitation are offshored, etc (Wiedmann and Lenzen, 2018). In the case of non-renewable resources there is also a problem of depletion: resources appropriated from the South are no longer available for future generations to use (Costanza and Daly, 1992, World Bank, 2018), which is particularly problematic given that under conditions of net appropriation economic losses are not offset by investments in capital stock (cf. Hartwick, 1977). Finally, the extractivism that underpins resource appropriation generates social dislocations and conflicts at resource frontiers (Martinez-Alier, 2021).

the value of resources and labour cannot be quantified in dollars, and there is no such thing as a “correct” price.

Prices under capitalism do not reflect value or utility in any objective way. Rather, they reflect, among other things, the (im)balance of power between market agents (capital and labour, core and periphery, lead firms and their suppliers, etc); in other words, they are a political artefact

While prices by definition do not reflect value, they do allow us to compare the scale of drain to prevailing monetary representations of production and income in the world economy.

Fig. 2 shows that drain from the South in 2015 amounted to $14.1 trillion when measured in terms of raw material equivalents, $5.1 trillion when measured in terms of land, $3.6 trillion when measured in terms of energy and $20.3 trillion when measured in terms of labour.

Over the period 1990–2015, the drain sums to $242 trillion (constant 2010 USD). This represents a significant “windfall” for the North, similar to the windfall that was derived from colonial forms of appropriation; i.e., goods that did not have to be produced on the domestic landmass or with domestic labour, and did not have to be bought on the domestic market, or paid for with exports (see Pomeranz, 2000, Patnaik, 2018). While previous studies have shown that the price distortion factor increased dramatically during the structural adjustment period in the 1980’s (Hickel et al., 2021), our data confirms that since the early- to mid-1990’s it has tended to decline slightly. This means that the increase in drain during the period 1990–2007, prior to the global financial crisis, was driven primarily by an increase in the volume of international trade rather than by an increase in price distortion.

Table 3 shows that, over the 1990–2015 period, resources appropriated from the South have been worth on average roughly a quarter of Northern GDP.

the North’s reliance on appropriation from the South has generally increased over the period (despite a significant drop after the global financial crisis), whereas the South’s losses as a share of total economic activity have generally decreased, particularly since 2003, due to an increase in South-South trading and higher domestic GDP creation or capture within the South, both driven largely by China

Aid flows create the powerful impression that rich countries give benevolently to poorer countries. But the data on drain through unequal exchange raises significant questions about this narrative.

net appropriation by DAC countries through unequal exchange from 1990 to 2015 outstripped their aid disbursements over the same period by a factor of almost 80

for every dollar of aid that donors give, they appropriate resources worth 80 dollars through unequal exchange. From the perspective of aid recipients, for every dollar they receive in aid they lose resources worth 30 dollars through drain

The dominant narrative of international development holds that poor countries are poor because of their own internal failings and are therefore in need of assistance. But the empirical evidence on unequal exchange demonstrates that poor countries are poor in large part because they are exploited within the global economy and are therefore in need of justice. These results indicate that combating the deleterious effects of unequal exchange by making the global economy fairer and more equitable would be much more effective, in terms of development, than charity.

In an equitable world, the resource trade deficit that the North sustains in relation to the South would be financed with a parallel monetary trade deficit. But in reality, the monetary trade deficit is very small, equivalent to only about 1% of global trade revenues, and fluctuates between North and South. In effect, this means that the North achieves its large net appropriation of resources and labour from the South gratis.

The question of sectoral disparities has been moot since the 1980s, however, as industrial production has shifted overwhelmingly to the South. The majority of Southern exports (70%) consist of manufactured goods (data from UNCTAD; see Smith, 2016). Of all the manufactured goods that the USA imports, 60% are produced in developing countries. For Japan it is 70%. We can see this pattern reflected also in the industrial workforce. As of 2010, at least 79% of the world’s industrial workers live in the South (data from the ILO; see Smith, 2016). This shift is due in large part to the rise of global commodity chains, which now constitute 70% of international trade. Between 1995 and 2013, there has been an increase of 157 million jobs related to global commodity chains, and an estimated 116 million of them are concentrated in the South, predominantly in the export manufacturing sector (ILO, 2015). In other words, during the period we analyse in this paper (1990–2015), the South has contributed the majority of the world’s industrial production, including high-technology production such as computers and cars. And yet price inequalities remain entrenched.

if Northern states or firms leverage monopoly power within global commodity chains to depress the prices of imports and increase the prices of final products, their labour “productivity” appears to improve, and that of their counterparts declines, even if the underlying production process remains unchanged. Indeed, empirical evidence indicates that real productivity differences between workers are minimal, and cannot explain wage inequalities (Hunter et al., 1990).

wage inequalities exist not because Southern workers are less productive but because they are more intensively exploited, and often subject to rigid systems of labour control and discipline designed to maximize extraction (Suwandi et al., 2019). Indeed, this is a major reason why Northern firms offshore production to the South in the first place: because labour is cheaper per unit of physical output (Goldman, 2012).

the terminology of “value-added” is a misnomer. In international trade, TiVA does not tell us who adds more value but rather who has more power to command prices. And in the case of global commodity chains, TiVA does not indicate where value is produced but rather where it is captured (Smith, 2016).

our analysis reveals that value in global commodity chains is disproportionately produced by the South, but disproportionately captured by the North (as GDP). Value captured in this manner is misleadingly attributed to Northern economic activities

rich countries are able to maintain price inequalities simply by virtue of being rich. This finding supports longstanding claims by political economists that, all else being equal, price inequalities are an artefact of power. Just as in a national economy wage rates are an artefact of the relative bargaining power of labour vis-à-vis capital, so too in international trade prices are an artefact of the relative bargaining power of national economies and corporate actors vis-à-vis their trading partners and suppliers. Countries that grew rich during the colonial period are now able to leverage their economic dominance to depress the costs of labour and resources extracted from the South. In other words, the North “finances” net appropriation from the South not with money, but rather by maintaining the prices of Southern resources and labour below the global average level.

Patents play a key role here: 97% of all patents are held by corporations in high-income countries (Chang, 2008:141)

In some cases, patents involve forcing people in the South to pay for access to resources they might otherwise have obtained much more affordably, or even for free (Shiva, 2001, Shiva, 2016).

In the World Bank and the IMF, Northern states hold a majority of votes (and the US holds a veto), thus giving them control over key economic policy decisions. In the World Trade Organization (which controls tariffs, subsidies, and patents), bargaining power is determined by market size, enabling high-income nations to set trade rules in their own interests.

ubsidized agricultural exports from the North undermine subsistence economies in the South and contribute to dispossession and unemployment, placing downward pressure on wages. Militarized borders preclude easy migration from South to North, thus preventing wage convergence. Moreover, structural adjustment programs (SAPs) imposed by the World Bank and IMF since the 1980s have cut public sector salaries and employment, rolled back labour rights, curtailed unions, and gutted environmental regulations (Khor, 1995, Petras and Veltmeyer, 2002).

SAPs, bilateral free trade agreements, and the World Trade Organization have forced global South governments to remove tariffs, subsidies and other protections for infant industries. This prevents governments from attempting import substitution, which would improve their export prices and drive Northern prices down. Tax evasion and illicit financial flows out of the South (which total more than $1 trillion per year) drain resources that might otherwise be reinvested domestically, or which governments might otherwise use to build national industries. This problem is compounded by external debt service obligations, which drain government revenue and require obeisance to economic policies dictated by creditors (Hickel, 2017). In addition, structural dependence on foreign investors and access to Northern markets forces Southern governments and firms to compete with one another by cutting wages and resource prices in a race to the bottom.

structural power imbalances in the world economy ensure that labour and resources in the South remain cheap and accessible to international capital, while Northern exports enjoy comparatively higher prices

Cheap labour and raw materials in the global South are not “naturally” cheap, as if their cheapness was written in the stars. They are actively cheapened

the analysis obscures class and geographic inequalities within countries and regions, which are significant when it comes to labour prices as well as resource consumption. The high levels of resource consumption that characterize Northern economies are driven disproportionately by rich individuals and affluent areas, as well as by corporations that control supply chains, and enabled by internal patterns of exploitation and unequal exchange in addition to drain through trade (Harvey, 2005). For example, there are marginalized regions of the United States that serve as an “internal periphery” (Wishart, 2014). It would also be useful to explore the gender dynamics of unequal exchange within countries. These questions cannot be answered with our data, however.

This research confirms that the “advanced economies” of the global North rely on a large net appropriation of resources and labour from the global South, extracted through induced price differentials in international trade. By combining insights from the classical literature on unequal exchange with contemporary insights about global commodity chains and new methods for quantifying the physical scale of embodied resource transfers, we are able to develop a novel approach to estimating the scale and value of resource drain from the global South. Our results show that, when measured in Northern prices, the drain amounted to $10.8 trillion in 2015, and $242 trillion over the period from 1990 to 2015 – a significant windfall for the North, equivalent to a quarter of Northern GDP. Meanwhile, the South’s losses through unequal exchange outstrip their total aid receipts over the period by a factor of 30.

support contemporary demands for reparations for ecological debt, as articulated by environmental justice movements and by the G77

True repair requires permanently ending the unequal distribution of environmental goods and burdens between the global North and global South, restoring damaged ecosystems, and shifting to a regenerative economic system.

It is clear that official development assistance is not a meaningful solution to global poverty and inequality; nor is the claim that global South countries need more economic liberalisation and export-oriented market integration. The core problem is that low- and middle-income countries are integrated into the global economy on fundamentally unequal terms. Rectifying this problem is critical to ensuring that global South countries have the financial, physical and human resources they need to improve social outcomes.

democratize the institutions of global economic governance, such as the World Bank, IMF and WTO, so that global South countries have more control over trade and finance policy.

end the North’s use of unfair subsidies for agricultural exports, and remove structural adjustment conditions on international finance, which would help mitigate downward pressure on wages and resource prices in the South while at the same time enabling Southern countries to build sovereign industrial capacity

a global living wage system, and a global system of environmental regulations, would effectively put a floor on labour and resource prices

Reducing North-South price differentials would in turn reduce the scale of the North’s net resource appropriation from the South (in other words, it would reduce ecologically unequal exchange), thus reducing excess consumption in the North and the ecological impacts that it inflicts on the South.

Structural transformation will only be achieved through political struggle from below, including by the anti-colonial and environmental justice movements that continue to fight against imperialism today

degrowth has come under severe criticism from pundits, mainstream economists, and the jet-setting Davos elite

austerity is always imposed for the sake of growth. We have been convinced, for half a century now, that cutting public services is good for us because it will increase competitiveness, balance the budget, and eventually lead to growth. Degrowth, by contrast, is the argument that we can, and should, move away from an economy that exclusively depends on economic growth.

While austerity increases inequality by curbing public services and benefitting the rich through tax cuts and privatisation of government services, degrowth policies focus on democratising production, curbing the wealth and overconsumption of the rich, expanding public services, and increasing equality within and between societies.

Recessions make inequality worse, degrowth is about making sure everyone has their needs met. Recessions often cause bold policies for sustainability to be abandoned for the sake of restarting growth, while degrowth is explicitly for a rapid and decisive transformation.

Because profits are based on making labour and nature as cheap as possible, the very basis of profit is always at risk, for example, through labour shortages or supply bottlenecks. Thus, constant economic expansion will also see constant crises.

As argued by Naomi Klein in the book Shock Doctrine, crises are often taken advantage of by the owners of capital because they make it possible to thrash social and ecological legislation, thus lowering the costs of wages and resources, and further generating windfall profits through inflation.

infrastructure projects which will lock in fossil fuel use for decades continue to be built and expanded, while banks, energy companies and multinationals that are involved in polluting and carbon-intensive industries are bailed out with public money and given lucrative government contracts

A recent UN report found that nine out of 10 countries worldwide have fallen behind on life expectancy, education and living standards. For decades, international organisations have promised to fight global inequality and poverty with growth – but the results are anything but promising.

guarantee access to “universal basic services” like housing, food, healthcare, mobility, and childcare to the general population, by taking them out of the market.

Germany’s three-month experiment with a $9 monthly ticket for all regional and city public transport could serve as an example. It not only reduced carbon dioxide emissions by 1.8 million tonnes – equivalent to powering about 350,000 homes for a year – but it also helped mitigate the effects of high inflation rates, increased freedom of mobility for all, and was quite popular with the public.

a 2020 research paper on energy sufficiency found that it is possible to provide a decent life to the entire global population at 40 percent of current energy use, despite population growth until 2050.

reducing the excess energy and resource use of the rich and making designs more efficient within the framework of a truly circular economy have huge potential to reduce demand

many people would likely possess fewer material objects – but most would have access to better services and society would be more sustainable, just, convivial, and fulfilling

The Observer last year revealed the IRD’s major campaign in Indonesia in 1965 that helped encourage anti-communist massacres which left hundreds of thousands dead. There, the IRD prepared pamphlets purporting to be written by Indonesian patriots, but in fact were created by British propagandists, calling on Indonesians to eliminate the PKI, then the biggest communist party in the non-communist world.

“The UK did not simply invent material, as the Soviets systematically did, but they definitely intended to deceive audiences in order to get the message across.”

“reports” sent to warn other governments, selected journalists and thinktanks about “Soviet subversion” or similar threats.The reports comprised carefully selected facts and analysis often gleaned from intelligence provided by Britain’s security services, but appeared to come from ostensibly independent analysts and institutions that were in reality set up and run by the IRD. One of the first of these, set up in 1964, was the International Committee for the Investigation of Communist Front Organisations.

In early 1963, the IRD forged a statement from the World Federation of Democratic Youth, a Soviet front organisation, which denounced Africans as uncivilised, “primitive” and morally weak. The forgery received press coverage across the continent, with many newspapers reacting intemperately.

The IRD also forged literature purporting to come from the Muslim Brotherhood, a mass Islamist organisation that had a significant following across the Middle East. One pamphlet accused Moscow of encouraging the 1967 war, criticised the quality of Soviet military equipment, and called the Soviets “filthy-tongued atheists” who saw the Egyptians as little more than “peasants who lived all their lives nursing reactionary Islamic superstitions”.AdvertisementThe IRD also created an entirely fictive radical Islamist organisation called the League of Believers, which attacked the Russians as non-believers and blamed Arab defeats on a lack of religious faith, a standard trope among religious conservatives at the time.

The IRD’s leaflets echoed other claims made by radical Islamists, arguing that military misdeeds should not be blamed on “the atheists or the imperialists or the Zionist Jews” but on “Egyptians who are supposed to be believers”.

Other material highlighted the poor view that Moscow took of the Palestine Liberation Organisation and the limited aid offered by the Soviets to Palestinian armed nationalist groups. This was contrasted with the more supportive stance of the Chinese, in a bid to widen the split between the two communist powers.

One major initiative focused on undermining Ian Smith’s regime in Rhodesia, the former colony that unilaterally declared its independence from the UK in 1965 in an attempt to maintain white minority rule.The IRD set up a fake group of white Rhodesians who opposed Smith. Its leaflets attacked him for lying, creating “chaos” and crippling the economy. “The whole world is against us … We must call a halt while we can still save our country,”

Between 1965 and 1972, the IRD forged at least 11 statements from Novosti, the Soviet state-run news agency. One followed Egypt’s defeat in the 1967 six-day war against Israel and underlined Soviet anger at Egypt’s “waste” of so much of the arms and materiel Moscow had supplied to the country.

A similar forgery in 1966 underlined the “backwardness” and “political immaturity” of Africa. Another, a statement purportedly from Novosti, blamed poor academic results at an international university in Moscow on the quality of the black African students enrolled there. The IRD sent more than 1,000 copies to addresses across the developing world.

As with most such efforts, the impact of the IRD’s campaigns was often difficult to judge. On one occasion, IRD officials were able to report that a newspaper in Zanzibar printed one of their forgeries about Soviet racism, and that the publication prompted an angry response. This was seen as a major achievement. Officials were also pleased when Kenyan press used fake material about the 1967 six-day war, and when newspapers across much of the Islamic world printed a fake Novosti bulletin on the conflict. Occasionally, western newspapers unwittingly used IRD materials, too.

Though the IRD was shut down in 1977, researchers are now finding evidence that similar efforts continued for almost another decade.“The [new documents] are particularly significant as a precursor to more modern efforts of putting intelligence into the public domain.“Liz Truss has a ’government information cell’, and defence intelligence sends out daily tweets to ‘pre-but’ Russian plots and gain the upper hand in the information war, but for much of the cold war the UK used far more devious means,” Cormac said.