Underdevelopment by Design: The Metrics of Unequal Exchange

Having covered unequal exchange before, we consider in this video whether the phenomenon can be measured using real data. Following the seminal work of Andrea Ricci, it is clear that a substantial amount of value leaves the developing world every year.
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Narration, script, and editing by M.
Animated intro by Jack, co-host of the Auxiliary Statements podcast @AuxStatements on Twitter.
Intro music by Charles Tristan:
https://soundcloud.com/charles-tristan
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Twitter:
https://twitter.com/MarxistProject
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Reference:
Andrea Ricci's "Value and Unequal Exchange in International Trade" (2019).

00:00 - 01:23 Background
01:24 - 01:37 Intro
01:38 - 04:11 Unequal Exchange Recap
04:12 - 06:24 Value as a Social Algorithm
06:25 - 08:36 The Model in Brief
08:37 - 10:57 Highlights of the Findings
10:58 - 12:27 Conclusion

Видео Underdevelopment by Design: The Metrics of Unequal Exchange канала The Marxist Project