me:
>  But since 1980 or
> so, the raw material created by the classical era -- i.e., a reserve
> army of newly-proletarianized labor-power in the periphery or
> ex-periphery -- has been increasingly exploited.

 Charles:
>  By whom ? Doug says US transnationals aren't getting much from them

changes toward greater mobility of capital in search of greater
profits (due to low wages, a pliable work force, fewer government
regulation, etc.) can have a big impact, partly because of the threat.
This isn't the only factor, but reinforces the effects of others (like
anti-union policies). In addition, Chinese workers (for example)
compete with US ones (for example) in product markets. Part of that
has been the artificially elevated value of the dollar, though this is
ending vis-a-vis most currencies except the yuan.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to