Reading Marx's Capital Volume 2 (audio) cover image

Class 05 - Vol 3, Chapters 16-20

Reading Marx's Capital Volume 2 (audio)

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Exploring Labor Exploitation and Capital Control in Global Trade

The chapter delves into the parallels between exploitative working conditions of garment workers in Central America and Marx's concepts on capital control and labor exploitation by merchants. It highlights the role of major players like Nike and Benetton who outsource production to subcontractors, leading to exploitative labor practices. The discussion examines the evolving power dynamics between merchant capitalists and producers, questioning implications for the laws of motion of capital in contemporary global trade.

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