this post was submitted on 27 Sep 2024
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Lenin made the clearest case for it in Imperialism, the Highest Stage of Capitalism. Financial and Industrial Capital is exported directly to the sources of raw materials and lower cost of living, which is then hyper-exploited for super-profits domestically.
Even within Capitalist countries, starvation is kept dangerous because Capitalism requires a "reserve army of labor," as Marx put it. It's the idea of "if you weren't doing this job, someone would kill for it" that suppresses wages.