petej + neoliberalism + china   3

Made In Post-China™ » CounterPunch: Tells the Facts, Names the Names
"David Harvey says that “capital never solves its crisis tendencies, it merely moves them around” but that “if the spatial fix is negated… global crisis in inevitable.” As capital continues down the path of least wages into ever-obscurer corners of the globe, following ever smaller returns, while leaving mobilized whatever labor it presses into service, it’s bound to run out of easily exploitable room; the spatial fix is a vanishing frontier, accelerating toward obsolescence."
economics  globalisation  neoliberalism  deregulation  capitalism  accumulation  postFordism  automation  crisis  China 
june 2013 by petej

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