https://www.taxtmi.com/news?id=30754 Colonial-era wealth extraction concentrated resources among the richest and created corporate and state mechanisms that facilitated dispossession and transfer of value; modern multinational corporations and global supply chains continue these patterns by capturing profits while relying on low wages and weak protections in the Global South. Protectionist trade policies, monopolies and institutional choices suppressed indigenous industry and public goods provision. Legal and regulatory continuities include biopiracy and contested patenting, intellectual property regimes affecting access to health technologies, and the promotion of privatization by international financial institutions, all contributing to persistent global inequality. en-us Mon, 20 Jan 2025 05:46:02 +0530 Mon, 20 Jan 2025 05:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30754 Colonial-era wealth extraction concentrated resources among the richest and created corporate and state mechanisms that facilitated dispossession and transfer of value; modern multinational corporations and global supply chains continue these patterns by capturing profits while relying on low wages and weak protections in the Global South. Protectionist trade policies, monopolies and institutional choices suppressed indigenous industry and public goods provision. Legal and regulatory continuities include biopiracy and contested patenting, intellectual property regimes affecting access to health technologies, and the promotion of privatization by international financial institutions, all contributing to persistent global inequality. News - Mon, 20 Jan 2025 05:46:02 +0530 https://www.taxtmi.com/news?id=30754