Image courtesy of Aljazeera news agency

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.

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