Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile,…
Services and the New Capitalism C.P. Chandrasekhar
Contrary to the “new economy” perspective, which sees in the proliferation of the services sector signs of the progressive transformation of capitalism, the dominant role of services is that of offering a larger economic space in which the process of realization of surpluses generated by monopoly capital is ensured.
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