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Capitalism’s World Economic, Political and Social Crises and the Road …

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작성자 Renaldo 작성일26-02-02 11:47 조회0회

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This included the systematic government-supported exploitation of China’s labor force, the largest in the world, and the associated establishment of U.S. Over time, competition compels capitalists to repeatedly renovate their productive facilities substituting machines for human labor bonus code Banglsdesh power. In the U.S. the result was the offshoring of countless jobs to China and other low wage countries, from Vietnam to Bangladesh, Indonesia, Mexico and beyond. Today, world capitalism’s neo-liberal globalization is best characterized as a new form of organization where global value chains have become the dominant form of production, employing workers for one out of every five jobs on the planet. This combination of "quantitative easing loans," tax cut legislation and the recent emergency legislation all contributed to the disgusting fortunes of the elite while workers suffered from massive evictions, layoffs, not to mention bearing the brunt of the now one million dead in the U.S. Today, 37 percent of this debt is owned by foreigners who had operated on the assumption that U.S. By 2014, their share had tripled to 22 percent. U.S. inflation rate - 8.6 percent - in the past 40 years. This largely explains the Trump administration’s imposition of a series of punitive tariffs on Chinese exports to the U.S.
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