Today, I take a look at Unequal Exchange as an issue through the lens of the most popular work I’ve seen on the subject.
Special thanks to Unlearning Economics and Joeri from Money and Macro for helping me with the script and my analysis.
Unlearning Economics:
Joeri (Money and Macro):
Patreon:
Twitch:
Twitter:
Discord:
Reddit:
SECOND Channel:
Thanks for watching everyone. Feel free to leave questions, comments, and your general thoughts about my analysis or this issue in the comments below.
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0:00 Introduction
0:55 What is Unequal Exchange?
1:53 The Unequal Exchange Argument & Jason Hickel
3:28 Productivity
9:15 Hickel’s Change in Methodology Explained
13:05 Comparative Advantage & Unequal Exchange
15:03 Defining the Global South & Global North
17:00 Higher Priced vs. Lower Priced Countries: A Fundamental Problem
17:47 Final Thoughts on Hickel’s Methodology
18:20 Hickel’s Prescriptions and Framework
20:48 Final Thoughts
21:55 …
22:14 New Thing!
22:34 Thanking Patreons
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