Thursday, February 16, 2012

The Global Reserve Army of Labor and the New Imperialism

The international (imperial) dimensions of unemployment and employment issues are addressed forcefully in an article in Monthly Review, "The Global Reserve Army of Labor and the New Imperialism" by John Bellamy Foster, Robert W. McChesney, and R. Jamil Jonna (November 2011). Some of the language of the article is dry and academic, but it is worth checking out. 

One chart in particular, showing the reserve army itself, captures a great deal (worth a thousand words, as they say):
 

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