Mobility of Capital

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The mobility of capital is a major challenge for labour movements in many countries. Capital is now moving into other spaces, times, and aspects of social life. Capital can move easily to those places that offer the best condition for accumulation. It is gaining more power and able to transform itself easily from productive into financial capital, and vice versa. More than ever, the power of capital can determine people’s lives. The work of “Mobility of Capital” develops the model of ‘Triangle Solidarity” which intends to strengthen the relations between campaign and movement building by developing triangular solidarity between labour organisations in the home countries of manufacturing capital, those in buyers’ countries and workers in manufacturing countries. It would also examine existing methods to campaign against run-away capital, used by organisations in different countries.

Democratic Control of Capital
Created: 2012-02-17