World Development under Monopoly Capitalism

Selwyn, Benjamin; Leyden, Dara
http://monthlyreview.org/2021/11/01/world-development-under-monopoly-capitalism/
Date Written:  2021-11-01
Publisher:  Monthly Review
Year Published:  2021
Resource Type:  Article
Cx Number:  CX24479

The recent period of globalization - following the collapse of the Eastern bloc and the reintegration of China into the world economy - is one where global value chains have become the dominant organizational form of capitalism. The big question is whether this global value chain world is contributing to, or detracting from, real human development. Is it establishing a more equal, less exploitative, less poverty-ridden world?

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