Hyper-Mobility of Capital

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The deregulation of business environment to increase appeal to corporations for example, lower wages, worsening working conditions, and fewer environmental protections. This brings on unequal bargaining power for workers. Flexible labor practices become normal. For example companies put their focus on short term profits by not sticking with workers or a location or even a means of production. They put the pressure on the governments to cut taxes and make more friendly regulations.

 

Further Readings:

https://thesamovar.wordpress.com/tag/hypermobility-of-capital/

 

Glossary, UD: Globalization and Privatization of Risk and Well-being

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