John Smith’s “Rigorous Exposé Of Neoliberalism” in Britain’s The Morning Star
February 20, 2024
This seminal and original study of contemporary imperialism should be on every militant’s bookshelf, not least because it is tightly argued, exhaustively researched and unashamedly Marxist throughout. ¶ John Smith’s central argument is that the decline in manufacturing in the Western industrialised countries, and its rise in the so-called Third World, are part of a deliberate strategy by transnational corporations to exploit low wages, underpinned by appalling working conditions, in order to realise super profits….