Social and Environmental Upgrading through Global Value Chains? A review of the book by Selwyn and Bernhold.

In Capitalist Value Chains: Labour Exploitation, Nature Destruction, Geopolitics (Oxford University Press, 2025), Benjamin Selwyn and Christin Bernhold provide a powerful critique of the mainstream global value chain (GVC) literature in its various versions. In particular, they criticise their emphasis on the possibilities of social and environmental upgrading through an expansion of GVCs. Instead, they convincingly argue that capitalist value chains (CVCs) intensify the exploitation of workers and the environment alike.  In this review, I will highlight some key contributions of the volume while raising a couple of conceptual and empirical concerns.