what were the limits (faced by capital) exactly?
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Primarily: labour. Tsing notes that the early supply chains of post-war Japan allows corporates to evade labour restrictions. E.g. Logging and mining could take place in South Asia, overseen by local businessmen, and outsourced elsewhere if production became too difficult.
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"Difficult" is mainly the difference in labour price and regulation arbitrage. After some market competitions, we "progress" on to the next models, including the supply chains. IMO these are not limits on capital itself, it's only limiting if we arbitrary moralise capital.
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Love this book. Precarity as a vector of weird novelty creation in tune with a non-anthropomorphised nature.
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Wonder if
@annagreenspan has read it ... seems in tune with some of her older writings on city space in China.
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