Ireland has an FDI-dependent economy, of that there is little doubt or even disagreement across the political spectrum. Approximately 280,000 workers are directly employed by FDI and 30% of Dublin jobs are in FDI companies. This job dependency grows significantly when we consider jobs indirectly associated to the presence of […]
Tag: FDI
Foreign investment, the productive forces and Ireland
Our understanding of foreign direct investment (FDI) is heavily influenced by Lenin’s analysis of imperialism, where FDI is seen as the export of capital from the advanced capitalist core, led by monopolists, to peripheral countries. The motive behind this is clear: to secure higher rates of surplus value no longer […]