![Imperialism then and now: [3] Capital Relocation, Inequality, Encroachment and Protracted Crisis](https://i.ytimg.com/vi/0PGvdNRXs1k/hqdefault.jpg)
Imperialism then and now: [3] Capital Relocation, Inequality, Encroachment and Protracted Crisis
NewsClickin
Published at : 08 Oct 2021
Published at : 08 Oct 2021
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Prabhat Patnaik shows that as capital is relocated, real wages do not rise, inequality widens, and global demand is suppressed. The system remains in protracted crisis; Keynesianism in the North alone is no solution. The struggle is everywhere.
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