zlacker

>>sebg+(OP)
I wonder what the long term solutions to these kinds of problems are in East Africa and similar contexts.

The remnants of colonialism continue to produce winners and losers economically, with the winners stuck in local maxima where they extract value from the people, but the people themselves see only marginal benefit, and development is stuck at a snail's pace.

As with seemingly everything in life, the incentives for the different players really don't line up. Consumers lose, producers lose, and only a select few middlemen win anything at all.

>>noodle+G5
All of our problems are caused by our not prioritizing compassion in our systems' designs and implementations, including how our economic transactions are structured and performed.

Compassion is the root of all virtue, and the balm for all vice. With a greater attention to compassion, every member of the chain of persons that grow, pick, process, market, sell, and even own Kenya coffee will help contribute to a better, fairer, and less deleterious to the Earth, system of farm-to-table.

Being compassionate includes being honest in one's business dealings, as well as not being greedy for exhorbitant profit. It also endures that everyone in the pipeline is actually performing a useful service, not just being an unnecessary middleman adding needless cost and other encumbrances.

And, of course, the Kenyan system was set up by the English Empire, so its parasitic pattern of worming its way into the fabric of all economic transactions is baked into their system. Yes, it's going to be difficult to extricate that selfishness from their system, but it's difficult for every culture to rid itself of the parasitism of selfishness in our societal systems. Note that ALL our current systems have that oft-dominant component present in them, causing waste and grief for all but the callous owners.

In our every endeavor, compassion is the only guaranteed path forward that has no intrinsic negative elements or effects, only difficulties due to our idioticly selfish inertias -- selfishly callous disregard being the opposite of compassionate service to the whole's well-being.

>>MrMcCa+wa
The problem is capitalism cannot function without an underclass, and while each capitalist country itself harbors an underclass that is brutally exploited, the countries themselves also become effectively an underclass too on the global stage, specifically the global south or the "developing world." Many of these countries are being exploited in one way or another, either by way of shady finance dealings that saddle them with untenable debt, which they must satisfy by selling their resources to western corpos at rock bottom prices, or via trade deals that inherently favor the western nations. The only countries I'm aware of that managed to avoid this trap in a big way were South Korea, which effectively created incubators for their home industries to grow in without needing to contend with the world market until they were in a fit state to do so, and China, which effectively is one giant state-run corporation.

The rest get fed to global capitalism in one way or another, the ways varying, but the outcome being pretty consistent: they're broke, they're in debt, and despite oftentimes being quite rich in resources, remain both of those things.

>>Toucan+jn
While true, at one time within the memory of people alive today, that underclass in this country could afford homes with their paycheck from widely available unskilled work. Capitalism may need an unskilled class of workers to work, but paying them like crap is not necessary as we’ve seen here in the US and seemed to have forgotten over the generations.

>>asdff+Dq
I mean, that's just late stage capitalism. Growth is required, every revenue stream must have all slack taken out of it. Any money left in the market is inefficiency which capitalism inherently rewards those who can remove inefficiencies. A perfectly balanced market means that every exploitable dollar is, in fact, exploited, which means the poors can't have anything. Whatever money must be paid to them must be then recouped.

And if you think you're safe in the middle class, it was predicted that and would seem to be bearing out as correct that once capitalism has largely completed exploiting the underclass, it can't simply stop exploiting. The next class up becomes the underclass. Then the next. Then the next until we're all broke save for the rich on top, at which point the entire arrangement stalls, money stops flowing, and the system collapses into anarchy.

The project of neoliberalism is difficult to fully articulate, but a major component at least is the "taming" of capitalist economic systems so as to make them sustainable. This project succeeded for a good amount of time, but that was also predicated on having nations to exploit, and room to grow markets. As those things become less true the entire system seems less stable overall. I mean personally I've witnessed three "once in a lifetime" economic crashes so far, and we're looking to be winding up for another one with the incoming administration and their bonkers non-understanding of tariffs.

>>Toucan+cs
You forget that there is value in having moneyed consumers. You can sell them more things that cost more money than you could poor consumers. Arguably when you empower a doctors and lawyers class driving bmws and buying flights to aspen, they are spending proportionally more of their money in the economy than the billionaire class ahead of them that would have sat on this money if they extracted it by now and dumped it into gold bonds and land or something stupid like that instead of something that generates actual economic activity. And if you had them so poor they could barely afford food then there would be no BMW and no Aspen.

>>asdff+Iu
> You forget that there is value in having moneyed consumers. You can sell them more things that cost more money than you could poor consumers.

With increased financializarion and abstraction of tradable assets - the capital class no longer has to worry about "goods" or "customers" (in as much as they may be indicators of bad stocks with a dim future). Services are the future: as far as they are concerned, the amount of profits available in housing or healthcare may be infinite, of you need the chart to go up, increase the price of the cancer drugs in your portfolio.