When a market is fully saturated in one country, the only place corporations can move is outward in order to combat falling rates of profit from competition and monopolization. The global process of Imperialism is found when countries in the Global North outsource production to the Global South, using millitary pressure and financial pressure to force capitulation and domination. These Imperialist countries then carve out as much as they can in resources and cheap labor, while keeping these countries under-developed so these prices stay low.
In other words, the average person in the Global North consumes more than they create, while the average person in the Global South consumes less than they create. It’s almost like the Global North is the Capitalist class, while the Global South is the working class.
When a market is fully saturated in one country, the only place corporations can move is outward in order to combat falling rates of profit from competition and monopolization. The global process of Imperialism is found when countries in the Global North outsource production to the Global South, using millitary pressure and financial pressure to force capitulation and domination. These Imperialist countries then carve out as much as they can in resources and cheap labor, while keeping these countries under-developed so these prices stay low.
In other words, the average person in the Global North consumes more than they create, while the average person in the Global South consumes less than they create. It’s almost like the Global North is the Capitalist class, while the Global South is the working class.
I recommend reading Lenin’s Imperialism, the Highest Stage of Capitalism.