The Truth About Neo-Capitalism
Jason Hickel reports on the racist double-standards of international corporate activity in the developing world
Did you know the international poverty line of $1.90, Hickel asks, is adjusted for purchasing power? When we hear $1.90 per day, we assume that this is the equivalent of, say, an American can buy with that amount of money in Sudan or India. But it’s not — it is the equivalent of what $1.90 can buy in the United States.