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In recent decades, capitalist globalization has entailed a new international division of labor with the relocation of some stages of manufacturing production from the Center to the Periphery through the Global value chains (GVCs). This new pattern of global production is marked by wide income disparities between the different regions of the world economy, accentuated by value transfers hidden within both traditional and GVCs international trade. The chapter presents a theoretical model based on a Marxian approach for the accounting of unequal exchange in international trade in value-added, resulting from the decoupling of value-produced and value-captured inside and outside GVCs. The empirical results show the ongoing relevance of unequal exchange in contemporary capitalism as one of the fundamental causes of disparities in income and economic development among the countries of the global economy.

This essay demonstrates that US economist Charles Post’s attempted rebuttal of the ‘labour aristocracy’ thesis is both theoretically and empirically flawed. Defending the proposition that colonialism, capital export imperialism and the formation of oligopolies with global reach have, over the past century and more, worked to sustain the living standards of a privileged upper stratum of the international working class, it rejects Post’s assertion that the existence of such cannot be proven. The essay concludes with a working definition of this ‘labour aristocracy’, setting the concept within the field of global political economy and reclaiming its relevance to the Marxist tradition.

The article builds upon recent developments in feminist theories as they were adopted in organization studies to review the state of research into women in MNCs and to offer new directions for the study of MNCs as “gendering organizations,” both as they are shaped by gender relations and are active agents in constructing gender categories, division of labor, images, and inequalities. Juxtaposing insights from gender studies and International Business and Management, the article offers a new agenda for the studies of corporate internationalization and its social consequences.

While technologies are often packaged as solutions to long-standing social ills, scholars of digital economies have raised the alarm that, far from liberatory, technologies often further entrench social inequities and in fact automate structures of oppression. This literature has been revelatory but tends to replicate a methodological nationalism that erases global racial hierarchies. We argue that digital economies rely on colonial pathways and in turn serve to replicate a racialized and neocolonial world order. To make this case, we draw on W.E.B. Du Bois' writings on capitalism's historical development through colonization and the global color line. Drawing specifically on The World and Africa as a global historical framework of racism, we develop heuristics that make visible how colonial logics operated historically and continue to this day, thus embedding digital economies in this longer history of capitalism, colonialism, and racism. Applying a Du Boisian framework to the production and propagation of digital technologies shows how the development of such technology not only relies on preexisting racial colonial production pathways and the denial of racially and colonially rooted exploitation but also replicates these global structures further.

In recent decades, it has become clear that the major economic, political, and social problems in the world require contemporary development research to examine intersections of race and class in the global economy. Theorists in the Black Radical Tradition (BRT) were the first to develop and advance a powerful research agenda that integrated race–class analyses of capitalist development. However, over time, progressive waves of research streams in development studies have successively stripped these concepts from their analyses. Post-1950s, class analyses of development overlapped with some important features of the BRT, but removed race. Post-1990s, ethnicity-based analyses of development excised both race and class. In this chapter, I discuss what we learn about capitalist development using the integrated race–class analyses of the BRT, and how jettisoning these concepts weakens our understanding of the political economy of development. To remedy our current knowledge gaps, I call for applying insights of the BRT to our analyses of the development trajectories of nations.

Invisibility and inequality in the subjective experiences of Albanian migrant women in the Greek labor market have not been sufficiently studied. In times of crisis, mechanisms and social processes of marginalization are being strengthened and push women to new roles, expectations, and social positions. This chapter investigates how migrant women understand invisibility within their occupation, to what extent they feel relative deprivation and injustice when comparing their situation with others, and what this means for the reproduction of inequalities and the boundaries of social stratification. Qualitative research is conducted through a case study and 10 work history biographical interviews with Albanian migrant women, living and working in the Artemis community. Findings are analyzed in light of the socio-historical context of invisibility of migrant women workers in Greece, while the statistical analysis of changes in the occupational distribution provides a picture of the social landscape. Findings show evidence of the ethnic and gender segregation of the Greek labor market and a significant increase of informal and temporary work in low-status jobs in services. Invisibility is mainly experienced through the degradation of working conditions, flexibility, insecurity, and the concealed process of alienation. The economic crisis increases the dependencies; meanings and perceptions change towards reduced expectations. Comparisons with reference groups show increasing inequalities within the same social group, but feelings of injustice are felt more due to administrative barriers and discrimination. The chapter offers insights on the process of invisibility of migrant women and its significance for social stratification.

The focus in this chapter is on male strategies of coping with unemployment and how these strategies are gendered due to local contextual factors, physical and natural as well as social and cultural. The results of the study show, in the case of men's relations to the labour market and the factors affecting such relations, how the Swedish welfare model and gender contracts work in a rural setting. The interrelation among labour market, household and family is formed according to the local gender contract and is supposed to develop within the frames of national policies, but it is also formed according to hegemonic gender regimes.