Capitalist Restructuring and the Pacific Rim by Ravi Palat

By Ravi Palat

This e-book situates the evolution of capitalist economies alongside Asia's Pacific Rim after the second one global warfare inside broader worldwide, political and fiscal adjustments. particularly, it charts their development on the interface of periodic crises and successive waves of restructuring, and hyperlinks adjustments on this planet economic climate to shifts in local dynamics in east and southeast Asia. It means that whereas the growth of jap company networks used to be the most important to the emergence of the zone as a inexpensive exporter to the area, the reintegration of China into the realm industry will loose the area from its dependence at the US as a industry of final inn.

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Extra info for Capitalist Restructuring and the Pacific Rim (Routledgecurzon Studies in the Modern History of Asia, 19)

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This transformed the landscape of industrial relations and the geography of European manufacturing substantially. The smaller, more laborintensive, and skilled nature of industrial enterprises in Europe meant that the laborforce had considerable control over the pace and content of their work, and as unions were organized around crafts the labor movement could more adamantly resist the introduction of any technology which would decrease shop-floor control or wages, reduce employment, or cause deskilling.

1991: 34–6, 75, 99, 105; Soja, 1989: 195–6). 1, but their focus on short-term profit margins also rendered Midwestern enterprises impervious to a fundamental shift in the terrain of competitive struggles. Whereas a mere ten states had accounted for over 75 percent of prime contracts in 1952, fifteen years later these contracts were much more widely distributed and no Midwestern state figured among the top ten. When prime contracts are broken down by weapons systems, the lead of the Pacific region in high technology sectors is even more impressive.

These factors promoted tendencies toward agglomeration and the development of long-term, affiliative relationships between major corporations – Hughes, McDonnellDouglas, Rockwell, Grumman, Boeing, General Dynamics, and others – and their subcontractors rather than the multi-unit, vertically-integrated structure, oriented toward cost reductions typical of the industrial heartland. , 1991: 35–6, 99–101; Henderson, 1989: 37–8, 42–3). , 1991: 248) – originated autonomously in the defense-based industries.

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