The Politics of Global Competitiveness

Download or read book The Politics of Global Competitiveness written by Paul Cammack and published by Oxford University Press. This book was released on 2022 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book documents the recent developments of what Marx called the 'general law of social production', and the leading roles of the Organisation for Economic Cooperation and Development and the World Bank as advocates of a single global model of capitalist development. Marx's 'general law of social production', proposed in Capital (1867), suggests that as the capitalist system of production becomes global, and competition between capitalists becomes more intense, workers are compelled to be versatile (multi-skilled), flexible, and mobile in order to survive. This general law, resulting from scientific and technological innovation and continuous advances in the division of labour generated by competition between capitalists, has given rise to global production chains, 'zero hours' contracts, and the breaking down of production processes into smaller and smaller individual steps, increasingly supported by advanced machines and digital platforms. This book identifies the universal policy framework that promotes these developments as the politics of global competitiveness, and shows that the Washington-based World Bank and the Paris-based Organisation for Economic Cooperation and Development (OECD), working together, are its principal advocates. They do not narrowly promote the interests of the advanced capitalist economies, or the 'West' and its transnational corporations, but rather the unlimited development of the global capitalist system and the world market as a whole. When their policies are examined together and compared, they reveal a single, shared programme, focused not on the relationship between the developed and the developing world, but on the global relationship between capital and labour. Put at its simplest, their aim is to ensure that as many people as possible across the world have the potential to be productive workers, and to propose reforms to welfare or social protection that will oblige them to offer themselves to capitalists for work.