{"product_id":"value-and-unequal-exchange-in-international-trade-the-geography-of-global-capitalist-exploitation-paperback","title":"Value and Unequal Exchange in International Trade: The Geography of Global Capitalist Exploitation - Paperback","description":"\u003cp\u003eby \u003cb\u003eAndrea Ricci\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eContrary to the claims made by neoliberal governments and mainstream academics, this book argues that the huge increase in trade in recent decades has not made the world a fairer place: instead, the age of globalization has become a time of mass migration caused by increasing global inequality.\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003eThe theory of unequal exchange challenges the free trade doctrine, claiming that transfers of value from poorer to richer countries are hidden behind apparently equivalent market transactions. Following a critical review of the existing approaches, the book proposes a general theory of unequal exchange in the light of an innovative reconstruction of Marx's international law of value, in which money and exchange rates play a crucial role in decoupling value captured from value produced by different countries, even in perfectly competitive world markets. On this theoretical basis, the book provides an empirical analysis of the international transfers of value in both traditional trade and Global Value Chains. The resulting world mapping of unequal exchange shows the geographical hierarchy of capital global exploitation by revealing a world divided into two quite separate camps of donor and receiving countries, the former being the poorer countries and the latter the richer countries.\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003eThis book is addressed to scholars and students of economics and social sciences, as well as activists of the North and the South, interested in a better understanding of the asymmetric power relations implied in global trade. It makes a significant contribution to the literature on political economy, trade, Marxism, international relations, and economic geography.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAndrea Ricci\u003c\/strong\u003e is tenured Assistant Professor in Economics at the University of Urbino, Italy. He obtained a MA in International Economics from the Graduate Institute of International and Development Studies of Geneva (Switzerland) and a PhD in Political Economy from the Università Politecnica delle Marche (Italy).\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 228\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.51 x 9.21 x 6.14 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e January 09, 2023\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51758315274528,"sku":"9780367513993","price":93.94,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/d543517918017270509791f29920acbc.webp?v=1780122940","url":"https:\/\/ebocreations.com\/products\/value-and-unequal-exchange-in-international-trade-the-geography-of-global-capitalist-exploitation-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}