Sunday, March 30, 2008

Crisis of overproduction and underconsumption

super-profit motive of the Global North

shift to capital-intensive production to boost profit

mass lay-off of workers

workers' income declines

workers' purchasing power decreases

underconsumption of goods produced by factories

dumping of excess products to the Global South
to ensure sustained generation of profit

economic dislocation of producers in the Global South

DS 112 recorded speech (alternative theories and approaches)

Present a recorded 3-minute speech about your assigned topic. Situate it in the context of the Global South. Provide an appropriate title. P...