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"This is the second of three or four synopses of parts of the opening chapter of John Smith's Imperialism in the 21st Century (New York, Monthly Review Press, 2016). The synopsis and commentary below is written by Phil Duncan. "Much garment production has been relocated from the United States and other First World countries to the Third World in the past several decades, Bangla Desh has become especially important. Wages there are extremely low, but also local capitalists are way down the global power chain - they get some of the surplus-value sweated out of the garment workers but most of it ends up in the coffers of major Western companies such as big retailers. "John notes that to a certain extent the wage-labour/capital relationship has become one between. . ." Full at: https://rdln.wordpress.com/2019/09/30/imperialism-and-your-t-shirt/ _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
