#77 What is Monopsony Capitalism - Dr. Ashok Kumar & Christian Joseph

We spoke to Ashok Kumar around the themes in his book “Monopsony Capitalism”

Ashok Kumar is a Senior Lecturer of Political Economy Birkbeck University. 

His most recent book Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age (Cambridge University Press) was the winner of the American Sociological Association's 2021 Paul Sweezy Outstanding Book Prize and the 2022 Immanuel Wallerstein Memorial Book Award.

The book demonstrates that the production process under global capitalism is governed by a universal logic that shapes the structural bargaining power of workers.

He’s a member of the editorial collective of the journal Historical Materialism.

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