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The industry in the American South was promoted by relative cheapness Work in comparison with its cost in New England. It is easy to imagine,
That Marx would estimate such development as direct operation and workers, which
Have got used to former, higher payment, with it would agree. With another
The parties, for those countries or regions, the main which economic resource -
Surplus of a cheap labour, employment maintenance on the best possible
Conditions is not only a reasonable way of economic development, but also
Other question, whether is reduction of wages by a system sign
Capitalism or this simple use of favorable possibilities. Low
Wages level stimulates development of labour-consuming manufactures and,
Thanks to it, reduces requirements for capital accumulation. Therefore
Corporation, replacing old factory in Chicago new in Korea, can it is valid
To reduce the requirements for the capital. But in practice the capitalist
The industry developed mainly capital-intensive manufactures. If
Capitalism gravitated to system of low wages, followed expect,
That capitalists would save labour-consuming manufactures and spent
The money saved thus for personal needs. Moreover, here it is important and
The international prospect. Opening of new factory in Korea conducts to growth
Wages in Korea.
In the West real level of wages grows already more than century. Hardly
It is possible to explain this growth by means of operation. It is possible even to assume that
Long-term increase of wages removes a question on operation,
As even Marx did not try to assert that manufacture expansion
(Doing growth possible) can be attributed exclusively to proletariat.
8. Colonialism and imperialism
Some explanations draw attention to relations of the West with economically
Less developed countries. It describe these relations as
Imperialistic though value of this term is washed away by the various
Marx, Lenin's interpretation, post-war theorists, and also more than
Centenary development of the capitalist and pre-capitalistic countries. Exist
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