Globalization Is Just a Contemporary Word for Financial Colonialism
NOVANEWS
By Mark Karlin
The collapsed remains of the Rana Plaza garment factory in near Dhaka, Bangladesh, June 30, 2013. The police in Bangladesh filed formal murder charges June 1, 2015, against 41 people accused of involvement in the 2013 collapse of a building that housed several clothing factories, leaving more than 1,100 people dead in the worst disaster in garment industry history. (Photo: Khaled Hasan / The New York Times)
The "have" nations increase profits for their corporations at the expense of grievously underpaid workers in developed nations. The developed nations call this globalization, John Smith argues in his book Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, and Capitalism's Final Crisis. In this interview with Truthout, Smith discuss...