Sub-contracting as an element of globalisation of the economy
By: Houtart, Francois.
Material type:
ArticlePublisher: 1999Description: p.83-94.Subject(s): Globalization
In:
ISDA JournalSummary: The logic of a capitalist market economy consists in bringing the competition into play, so as to reduce production costs and maximise accumulation. Inevitably this implies a certain relationship of force where the inequality of the relationship becomes a key factor in the transaction. But as in all economic production, including the wider factors of distribution or funding, this is a social process where work plays a central role and the market relationship takes on a dimension of capital/work relations. - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 9, Issue no: 2 | Available | AR44312 |
The logic of a capitalist market economy consists in bringing the competition into play, so as to reduce production costs and maximise accumulation. Inevitably this implies a certain relationship of force where the inequality of the relationship becomes a key factor in the transaction. But as in all economic production, including the wider factors of distribution or funding, this is a social process where work plays a central role and the market relationship takes on a dimension of capital/work relations. - Reproduced
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