Question:What would have happened to Europe in the past two and a half centuries if it hadn’t plundered the global southGlobal South Full Description:The Global South is a term that has largely replaced “Third World” to describe the nations of Africa, Latin America, and developing Asia. It is less a geographical designator (as it includes countries in the northern hemisphere) and more a political grouping of nations that share a history of colonialism, economic marginalization, and a peripheral position in the world financial system. Bandung is often cited as the birth of the Global South as a self-aware political consciousness. Critical Perspective:While the term implies solidarity, critics argue it acts as a “flattening” concept. It lumps together economic superpowers like China and India with some of the world’s poorest nations, obscuring the vast power imbalances and divergent interests within this bloc. It risks creating a binary worldview that ignores the internal class exploitations within developing nations by focusing solely on their external exploitation by the North.
Read more? What would have happened if Europeans had paid for the labour of Africans instead of stealing it? What would have happened if they had purchased cotton, tea, spices and other commodities at a price that reflected the labour used to produce it?

Answer: Europe would be one of the poorer regions of the world

Thomas Piketty, the world renowned economist and author of Capital in the 21st Century has produced a new study of the economic dynamics of 19th and 20th Century imperialism. You can access it here

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