Globalization And Class Struggle

Publisher:  Black & Red Notes
Year Published:  1998   First Published:  1997
Resource Type:  Article
Cx Number:  CX11347

There is a global capitalist division of labour, but it is not an absolute one. The image of capital simply uprooting and moving to more "backward" zones every time a government attempts to assert some control over its economy is simply false: While it is true that capital has relocated operations, companies do not in general abandon large investments of fixed capital overnight.

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