International Luxemburgist Forum - Foro Luxemburguista Internacional - Forum Luxemburgiste Intl

Forum for those in general agreement with the ideas of Rosa Luxemburg.
Foro para aquellos que tienen un acuerdo general con las ideas de Rosa Luxemburgo.
Forum pour ceux qui ont un accord général avec les idées de Rosa Luxembourg.

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    Capital goes where the labour force is cheaper

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    Cesco

    Number of posts : 50
    Group : Movimento Socialista Mondiale
    Location : Wales
    Website : http://worldsocialism.blog.excite.it/
    Registration date : 2008-05-20

    Capital goes where the labour force is cheaper

    Post  Cesco on Tue Jan 13, 2009 3:48 am

    As I recently commented about Republic's occupation: "industrial production is leaving the so called developed countries where the labour force is to expensive (read wages). The industrial production goes towards the growing countries where the labour force is definitely cheaper.

    I would like to add that:
    the so called de-industrialization process is easy to explain by following the Marxian theory illustrated in the Capital.

    Capitalists, willing to make more profit as possible, go where the variable capital (wages) is low or can be (it is allowed to be)low. Therefore, they go to invest where the laws in favour of higher wages, conquered by the workers in the past, are not existing or respected (see very recent example of the Primark’s scandal).

    No matter if it is Taiwan (Asia) or Manchester (Europe).


    Enjoy the links


    http://news.bbc.co.uk/1/hi/uk/7825167.stm

    http://www.manchestereveningnews.co.uk/news/s/1089829_disgusting_but_primarks_so_cheap

      Current date/time is Sun Dec 17, 2017 8:02 pm