• ryathal@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    5
    ·
    1 year ago

    This us why developed nations have service based economies. Physical resources aren’t a constraint.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      2
      ·
      1 year ago

      Developed nations have service based economies because large corporations moved industry to cheaper labour markets. What the west now has is largely just a fake economy that doesn’t produce anything of actual value.