"#Globalisation of production involved locating production facilities in low-wage countries to increase profitability. While these two strategies brought a rise in profitability in the short term, in the medium and long term they were self-defeating since they brought about a downturn in effective demand by cutting into or preventing the rise of workers’ #wages."
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TuttifruttiHat (tuttifruttihat@troet.cafe)'s status on Sunday, 03-Feb-2019 15:36:18 EST TuttifruttiHat