☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agoCapitalism explained through LEGOmedia.mas.toimagemessage-square12fedilinkarrow-up11arrow-down17
arrow-up1-6arrow-down1imageCapitalism explained through LEGOmedia.mas.to☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agomessage-square12fedilink
minus-squareryathal@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 year agoThis us why developed nations have service based economies. Physical resources aren’t a constraint.
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoDeveloped nations have service based economies because large corporations moved industry to cheaper labour markets. What the west now has is largely just a fake economy that doesn’t produce anything of actual value.
This us why developed nations have service based economies. Physical resources aren’t a constraint.
Developed nations have service based economies because large corporations moved industry to cheaper labour markets. What the west now has is largely just a fake economy that doesn’t produce anything of actual value.