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