Financialization and Regulation

In Chapter 5 the authors look at research and development, labour management and financial profits for major companies. They use accumulated capital to reproduce and invest in the development of new outputs and commodities through the production process that depends on flexible but overworked exploited labour, as well as on inputs from globally dispersed gig workers performing various low-paid tasks. At the same time, financial profits are unevenly distributed to corporate owners and top managers. The chapter also looks closely at corporate development of Google and how capital accumulation on a world scale leads to global inequalities.