☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agoCapitalism explained through LEGOmedia.mas.toimagemessage-square35fedilinkarrow-up1184arrow-down124
arrow-up1160arrow-down1imageCapitalism explained through LEGOmedia.mas.to☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agomessage-square35fedilink
minus-squareryathal@sh.itjust.workslinkfedilinkEnglisharrow-up5·1 year agoThis us why developed nations have service based economies. Physical resources aren’t a constraint.
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkEnglisharrow-up2arrow-down3·1 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.