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Showing posts with the label super-exploitation

Imperialism in the Twenty-First Century

I am at the end of this book. I recommend it. You just need some updated figures while you are reading. The Globalisation of Production, Super-Exploitation and the Crisis of Capitalism Two major factors cause capitalist crisis: declining profitability and overproduction. I am not convinced that the latter is a major factor. The problem is not that capitalism produces too much, but that what it is produced is not provided to the global population. Half of the world population is unable to buy what is produced or buys too little of what is produced because it is too poor. That means that lack of investment in large swathes of the world–Latin America and South Africa, Africa, parts of the Middle East and Asia–unemployment, precarity, etc. deprives half of the world from getting access to what is produced. Those who produce get little or almost nothing from what they produce.  According to the WHO “around 45% of deaths among children under 5 years of age are linked to undernutrition. Thes