“It’s Not Socialism”: China is a Capitalist Cheap Labour Economy, Based on Exceedingly Low Wages

Unlimited Reserves of Cheap Labor: 292 Million “Internal Migrant Workers” – BY MICHEL CHOSSUDOVSKY IntroductionMost analysts and historians fail to understand that starting in the early 1980s, China had become a full fledged capitalist country. There are powerful US business interests including Big Pharma, major hi-tech companies, banking institutions which are firmly entrenched inside China….

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