
Ben Selwyn
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Papers by Ben Selwyn
development discourse and policy. Supplier firms are encouraged, with
state support, to ‘link-up’ with trans-national lead firms. Such
arrangements, it is argued, will reduce poverty and contribute to
meaningful socio-economic development. This portrayal of global
political economic relations represents a ‘problem-solving’
interpretation of reality. This article proposes an alternative analytical
approach rooted in ‘critical theory’ which reformulates the GVC
approach to better investigate and explain the reproduction of global
poverty, inequality and divergent forms of national development. It
suggests re-labelling GVC as Global Poverty Chain (GPC) analysis. GPC’s
are examined in the textiles, food, and high-tech sectors. The article
details how workers in these chains are systematically paid less than
their subsistence costs, how trans-national corporations use their global
monopoly power to capture the lion’s share of value created within
these chains, and how these relations generate processes of
immiserating growth. The article concludes by considering how to
extend GPC analysis.