☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 years agoCapitalism explained through LEGOmedia.mas.toimagemessage-square36fedilinkarrow-up1187arrow-down125
arrow-up1162arrow-down1imageCapitalism explained through LEGOmedia.mas.to☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 2 years agomessage-square36fedilink
minus-squareryathallinkfedilinkEnglisharrow-up5·2 years agoThis us why developed nations have service based economies. Physical resources aren’t a constraint.
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkEnglisharrow-up2arrow-down3·2 years 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.