Oh the loyalty of capital – Dutch multinational, Royal DSM is now locating its plants in the US where there is an abundant supply of cheap natural gas and a 'very lightly regulated labour' market. (New York Times, Oct 5 2014). Apparently China, where the corporation has forty plants, is losing its edge as a source from which to serve the world. Is globalization making a U-turn? The paper asks. Not really, more like going in circles searching for the highest profit possible with no regard to the consequences for workers and their families! John Ayers.
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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