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Commodity Chains and Global Capitalism (Hardcover)
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Commodity Chains and Global Capitalism (Hardcover)
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The current restructuring of the world-economy under global
capitalism has further integrated international trade and
production. It thus has brought to the fore the key role of
commodity chains in the relationships of capital, labor, and
states. Commodity chains are most simply defined as the link
between successive processes of manufacturing that result in a
final product available for individual consumption. Each production
site in the chain involves organizing the acquisition of necessary
raw materials plus semifinished inputs, the recruitment of labor
power and its provisioning, arranging transportation to the next
site, and the construction of modes of distribution (via markets
and transfers) and consumption. The contributors to this volume
explore and elaborate the global commodity chains (GCCs) approach,
which reformulates the basic conceptual categories for analyzing
varied patterns of global organization and change. The GCC
framework allows the authors to pose questions about development
issues, past and present, that are not easily handled by previous
paradigms and to more adequately forge the macro-micro links
between processes that are generally assumed to be discretely
contained within global, national, and local units of analysis. The
paradigm that GCCs embody is a network-centered, historical
approach that probes above and below the level of the nation-state
to better analyze structure and change in the contemporary world.
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