The economics of imperialism: A new study shows how 'the US’ exorbitant privilege has become a rich world privilege'.

The world system has persistent capital income transfers from the poorest to the richest, equal to 1% of GDP of top 20% countries, and 2% of GDP for the top 10%.

The perpetual debt trap of imperialism: 'Foreign capital income flows result in a net transfer from poor to rich countries of around 1.2% of the rich’s GDP. This big net transfer of resources allows the richest countries to incur in bigger trade deficits without the need to…