ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Creation of a Third World in the First

In this paper, the author argues that the creation of cheap labour economies in the third world results in the creation of cheap labour economies in the first world. Thus wage rates are depressed all over the world, making greater profits for the capitalists. An essential precondition to the depression of wage rates, therefore, is labour migration, both interstate and international.

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