Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor. (Michel Chossudovsky)

Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.

Michel Chossudovsky

Related topics

cheap labor poverty side input global

Related quotes

Production functions involving only land, labor and capital... never work and never explain economic development. View quote
Kenneth Boulding
O saving Victim, opening wide The gate of heaven to man below, Our foes press on from every side, Thine aid supply, Thy strength bestow. View quote
Thomas Aquinas
The WTO has one of the most impressive records in global economic governance, by promoting trade liberalisation and economic development. View quote
Anna Lindh
The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture. View quote
Peter L. Berger
There's something about Marxism that brings out warts; the only kind of growth this economic system encourages. View quote
P. J. O'Rourke