Capitalist Value Chains

Is it true that Global Value Chains (GVCs) ''boost incomes, create better jobs, and reduce poverty'', as commonly claimed? In this compelling book, Selwyn and Bernhold show how the mainstream notion of GVCs obscures their capitalist character. To transcend this shortcoming, the authors introduce the concept of Capitalist Value Chains (CVCs). They explore how and why CVCs generate many highly explo...