Just read a fascinating article in today's FT which covers in detail an emerging picture of new technologies impinging upon the established 'race to the bottom' (R2B) phenomena in accounting for how the global industrial shift, under-written by finance capital, is ever on the hunt for the next cheaper, less regulated global region from which to spin a key cog in the global supply chain.
The article, Stitched up the Robots, makes clear that the R2B phenomena is being disrupted by the rise of the robots (to use the phrase of Martin Ford's popular book: https://tinyurl.com/yaddyov3, and may, over time, unsettle this profound feature of the globalisation phenomenon.
The FT article is here: https://tinyurl.com/yb4735xy
In Solidarity
Ian
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