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That the corporate elite turn to massive financialization is a direct reflection of the falling rates of profit via investments in the productive sectors. The COVID pandemic highlights the decrepit state of increasingly privatized for profit world healthcare. European corporations in China or anywhere else in the world. Today, global value chain corporations that represent only 15 percent of all trading firms worldwide, capture some 80 percent of total trade. Trade unions were non-existent. This de-industrialization process had the effect of weakening the trade union movement in the advanced nations while in the poor babu88 [https://babu88casino.online/] nations governments virtually guaranteed that foreign plants would not be subject to unionization. This has been based on China’s strategic shift to building its own plants replete with the most modern technology - plants that rival and increasingly exceed the quality and productive capacity of those owned and operated by U.S.