Word: exploitationism
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Dates: during 1970-1979
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At the same time, migrant workers are paid less than native workers. They live more intensively and under more hazardous conditions. The presence of migrants in the labor force also makes the unemployment of native workers possible and depresses their wages by weakening their bargaining position, though the exploitation of...
Robinson traced the western nations' exploitation of the third world through three historical phases.
Udall is undeniably liberal on the basic economic issues. He enthusiastically endorses Government-guaranteed full employment and is willing to accept inflation as a side effect of such a policy. He thinks jawboning industries and a wage-price board that "yells like hell when steel companies raise prices" would help...
After Britain, the U.S. is the largest investor in South Africa. In 1974, U.S. investments in South Africa totalled $1457 million, up from $692 million in 1969. The rate of profit on these investments was over 18 per cent, officially--and probably far higher in fact, as the firms routinely...
The PDP is committed to industrial expansion, but in return for jobs it will ask the working class to lower its expectations for a few more years. This is not a new request. Sacrifice on the part of the working classes has been the fundamental source of Puerto Rico's...