Prabhat Patnaik shows that as capital is relocated, real wages do not rise, inequality widens, and global demand is suppressed. The system remains in protracted crisis; Keynesianism in the North alone is no solution. The struggle is everywhere. August 2021 Produced by Lynn Fries / GPEnewsdocs Imperialism which existed in the colonial era persists to … Continue reading Imperialism then and now: [3] Capital relocation, inequality, encroachment and protracted crisis