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Globalisation and the Relocation of Capital and Labour*
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Mar 21st 2022, Prabhat Patnaik
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The
relocation of capital from the advanced capitalist countries
of the north to low- wage countries of the south in
the current era of globalisation has received much attention;
but there is another kind of relocation that has not
received as much attention, and that is of labour from
comparatively lower-wage countries of Eastern Europe
to the advanced capitalist countries.
*
This article was originally published in People's
Democracy on March
20, 2022.
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