Global Diffusion of Production and the Concept of Imperialism*

Jun 17th 2024, Prabhat Patnaik
There has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a US-led world economy to a "multipolar world economy", but no matter what one thinks of this description, the fact of diffusion is indubitable.
  
* This article was originally published in the Peoples Democracy on June 16, 2024.


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