Unequal exchange of labour in the world economy - Nature Communications
www.nature.com
Hickel and colleagues find that, in 2021, the economies of the global North net-appropriated 826 billion hours of embodied labour from the global South, across all skill levels and sectors. Unequal exchange is understood to be driven in part by systematic wage inequalities. They find Southern wages are 87-95% lower than Northern wages for work of equal skill. While Southern workers contribute 90% of the labour that powers the world economy, they receive only 21% of global income.
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The original was posted on /r/science by /u/six-sided-bear on 2024-07-30 22:25:15+00:00.

Original Title: Wages in the Global South are 87–95% lower than wages for work of equal skill in the Global North. While Southern workers contribute 90% of the labour that powers the world economy, they receive only 21% of global income, effectively doubling the labour that is available for Northern consumption.