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low-wage Tag

In a major critique of David Harvey's work, the radical political economist John Smith takes on Harvey's claim that the “East” is now exploiting the “West,” a statement, he argues, that is backed up by nothing more than his authority. Harvey could not be more wrong, or about a bigger issue. The root of Harvey's error is his denial that the global shift of production to low-wage countries represents a major deepening of imperialist exploitation....