Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

(in the context of capitalist crisis) avoiding the low-growth phase problem by exporting manufacturing to places with cheaper labour, thereby raising profits for a while


An expanded version of David Harvey’s concept of the spatial fix is helpful here for understanding this restructuring. Capital tried to resolve the problem of strong labor movements, and the threat to profitability that labor posed, by implementing a series of “fixes.”

—p.46 Workers of the World (45) by Beverly J. Silver
notable
9 years ago