why is the global south locked into producing low-value commodities for export while the west holds monopoly power over advanced tech, pharma, aviation, producer goods?

Not locked in. Plenty of poor countries broke the cycle and got out of poverty. Don't look at the west. Look at your peers who had the same problems you have and fixed them with capitalism and friendly trade deals with the US. If you choose socialism and the PRC, of course you're going to stay poor.

AGORA

econ

The Transition to a Post-Capitalist Economy

> why is the global south locked into producing low-value commodities for export while the west holds monopoly power over advanced tech, pharma, aviation, producer goods?

Not locked in. Plenty of poor countries broke the cycle and got out of poverty. Don't look at the west. Look at your peers who had the same problems you have and fixed them with capitalism and friendly trade deals with the US. If you choose socialism and the PRC, of course you're going to stay poor.