Absolute Deprevation
The Developed countries of the Northern Hemisphere have generated an unprecedented concentration of financial, technological, political, and military power over the past two decades. The gap separating the countries of the Northern Hemisphere (20% of world population) from the Southern Hemisphere (80% of world population) is wider than it has ever been in history. This has resulted in what has been described as the “dematerialization of production,” that is, the reduction of the use of natural resources per unit product or service. What is transpiring in the process is a permanent structural reduction of value in raw materials and a structural disadvantage in terms of trade between the Northern and the Southern Hemispheres (North and South). The outcome has resulted in a widening gap between the countries of these hemispheres, specifically with technology and vital natural resources. This investigation attempts to identify the sources of this ongoing crisis and som...