EXPLOITATION IS INTERNATIONAL

The nature of capitalism is such that many mis-informed observers imagine that it is one of imperialists exploiting underdeveloped countries, but that view is due for a re-appraisal. "It used to be that European carmakers opened plants to assemble their cars in China. Now the Chinese have turned the tables with the opening of their first factory in Bulgaria, an EU country with low labor costs and taxes. Increasingly, Chinese carmakers are setting their sights on the European and American automobile markets." (Spiegel, 22 February) Irrespective of which section of the owning class gain in this competition - one thing is true the working class remain an exploited class. RD