Tag Archives | Guglielmo Carchedi

  • GDP 1

    Further thoughts on the economics of imperialism

    Originally published: Michael Roberts Blog on April 23, 2024 (more by Michael Roberts Blog)

    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.