The economic system is the base, but laws, culture, the state, etc is the superstructure that reinforces the base. The base is what determines the superstructure, and they work together.
Capitalists, those with capital, are those that control the state. This is because whoever controls the large firms and key industries, the principle aspects of the economy, controls the state via controlling production and distribution.
The fact that the global north is controlled by the wealthiest of finance capital doesn’t mean it isn’t a problem. Calling the fact that banks control Europe and the US Empire a “hallucination” is just cope.
If the global north would stop trading with the global south, to “fix” this supposed exploitation, people like you would be the first to start crying about how an embargo on the south is preventing them from moving up the value chain in production. There is no logic here, just accusations. You have nothing to show but an attitude
If the global north stopped trading with the global south, we’d collapse overnight, because the bulk of our consumption rests on value created by the global south stolen by us. The way for the global south to escape underdevelopment and overexploitation is to form alliances like the Sahel States, partnering with countries like the PRC that don’t practice imperialism or unequal exchange, and engage in mutual development and cooperation along socialist lines.
You’re incorrect on a few key factors.
The economic system is the base, but laws, culture, the state, etc is the superstructure that reinforces the base. The base is what determines the superstructure, and they work together.
Capitalists, those with capital, are those that control the state. This is because whoever controls the large firms and key industries, the principle aspects of the economy, controls the state via controlling production and distribution.
The fact that the global north is controlled by the wealthiest of finance capital doesn’t mean it isn’t a problem. Calling the fact that banks control Europe and the US Empire a “hallucination” is just cope.
If the global north stopped trading with the global south, we’d collapse overnight, because the bulk of our consumption rests on value created by the global south stolen by us. The way for the global south to escape underdevelopment and overexploitation is to form alliances like the Sahel States, partnering with countries like the PRC that don’t practice imperialism or unequal exchange, and engage in mutual development and cooperation along socialist lines.
Read How Europe Underdeveloped Africa by Walter Rodney, and maybe toss in Super-Imperialism: The Origins and Nature of US World Dominance by Michael Hudson and Imperialism, the Current Highest Stage of Capitalism by Vladimir Lenin.