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3 years ago

Globalization fuels rapid capital accumulation, subordinating labor and favoring financial growth.

Research in rural sociology and development
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Alessandro Bonanno, Josefa Salete Barbosa Cavalcanti

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Capital mobility is a crucial part of capitalism, involving different types of capital moving at different speeds. Financial, productive, and labor capital all play a role, with financial and productive capital often taking precedence over labor. This hierarchy has fueled the rapid growth of capital accumulation in recent years.