Kimberly Nicholas

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saw their incomes quadruple but became almost as suicidal as Indian farmers whose livelihoods were destroyed when their crops became dependent on Bayer-Monsanto’s genetically engineered seeds.[23] Even in America, the greatest beneficiary of globalisation, millions succumbed to deaths of despair.[24] These contradictions were the direct consequence of the Dark Deal. By mobilising America’s trade deficit to turn China into a capitalist powerhouse, enriching capitalists and rentiers worldwide, underinvestment-induced misery migrated to the Global North while overinvestment-induced wealth ...more
Technofeudalism: What Killed Capitalism
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