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Showing posts with the label "neoliberal globalisation"
"Neoliberal globalisation signifies, above all, a new stage in the globalisation of the capital labour-relation. It pitches the workers of the dominant nations and the workers of the global South together, in competition with each other and yet bound together in mutual interdependence, connected by globalised production processes, exploited with different intensities by the same capitalists. But this qualitative, new stage in the evolution of the capital/labour relation possesses a very specific quality: the imperialist division of the world was inherited by capitalism; it is now inherent. In other words, the globalisation of the capital/labour relation, in the context of and on the foundation of a pre-existing division of the world into oppressed and oppressor nations, entails the internalisation of this division. Neoliberal globalisation is, therefore, the unfolding of the imperialist form of the capital relation. As a result, this latest stage of capitalist development