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The Global North: Power, Privilege & the World Economy

The Global North: Power, Privilege & the World Economy

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 August Vale traces the invisible line dividing humanity into Global North and Global South, revealing how colonial empires and industrial revolutions forged economic dominance that persists today. He explores why innovation, capital, and infrastructure gravitated toward northern nations, examining the financial architecture built through centuries of extraction and the mechanisms that perpetuate inequality even after formal empires dissolved. From Britain's industrial revolution to America's post-war dominance, from the Bretton Woods system to contemporary development lending, August unpacks how northern nations came to set the rules for the global economy. The episode concludes by questioning whether China's rise, southern demographic growth, and climate disruption might finally shift the world's center of gravity away from its traditional northern anchor.

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