🎯 Main Thesis
- Western welfare states and the relative prosperity of the working class in imperialist countries are made possible by the exploitation of the Global South.
- Unequal exchange is the central mechanism by which value is transferred from poorer nations to richer ones, subsidizing the living standards of first-world workers and creating a labor aristocracy.
- As a result, revolutionary struggle must prioritize supporting liberation movements in the Global South, while re-proletarianizing the imperial core.
🛠️ Core Arguments
1. ⚖️ Reformism vs. Revolution
- Social democracy (e.g. Nordic models, or Bernie-style politics) relies on concessions from capital, not victories over it.
- These reforms are temporary and reversible, dependent on imperial profits rather than working-class power.
- Luxemburg’s critique of reformism is still relevant: without the working class in power, all gains are precarious.
2. 🌍 Imperialist Foundations of Western Welfare
- Welfare states in the Global North (e.g., France, Sweden, the US) are built not only on domestic labor but also:
- Neocolonial extraction
- Colonial taxes
- Unequal exchange
- Ethnic labor exploitation (e.g., apartheid South Africa, racialized poverty in the US)
3. 💰 The Labor Aristocracy
- There exists a materially privileged section of the working class in imperial countries that benefits from exploitation abroad.
- Quoting Marx, Engels, and Lenin, this group supports capitalism in practice, as their comforts depend on imperial plunder, not on the downfall of capitalism.
- This labor aristocracy often backs liberal parties or social democrats who ultimately support imperial policies, such as NATO interventions.
4. 📉 Unequal Exchange Theory