Recommendations to create one’s own business have been the go-to when discussing the exhausting and debilitating experiences of capitalism. For those who work in exploitative environments, there is the ongoing cycle of working under harmful conditions that are detrimental to their well-being and survival. In awareness of this many seek resolution in entrepreneurship, assuming that they will be free from the effects of capitalism. Despite the invasiveness of capitalism in every aspect of one’s life, viewing entrepreneurship as a means of escape can result in the cycle of exploitation for marginalized groups. Exploitation is a part of capitalism’s framework, garnering . . .
The deeper issues are usually traced to colonial economic interactions and the introduction of capitalism in developing countries. There were concerted efforts to build and maintain economic relations, in which the colonies were made into permanent producers of raw materials to satisfy the requirements of metropolitan countries. The established links between the producers and the colonial metropoles meant that colonies became dependent on other countries to purchase and dictate the prices of products. Colonies, as a result, were left without the infrastructure to process the raw materials and only purchased ready-made goods from the associated colonial power. The result was that colonies produced what they did not consume and consumed what they did not produce. . . .
Forty-two years after the adoption of the Buenos Aires Plan of action for promoting and implementing technical cooperation among countries of the global south, some progress has been made, but there is so much that needs to be done, especially in Africa. Historically, the global south has been the source for most of the resources and materials that have been used to develop and sustain the economies of the industrialized global north. The consequence of this being the global south remaining in an underdeveloped or developing state, while societal benefits go almost exclusively to countries in the northern hemisphere. Forty-two . . .