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  • capitalist
  • He aims to develop a Marxist account of climate change that emphasises the link between carbon-centric development and capitalist accumulation. (lse.ac.uk)
  • So capital has to find new markets outside itself, like expanding into parts of the world which are pre-capitalist, of which there are very few left in the world. (newleftproject.org)
  • This exposition provides a point of departure for an "ecological Marxist" theory of the contradiction between capitalist production relations and forces and the conditions of production , under-production of capital and economic crisis, and the process of crisis-induced restructuring of production conditions and the social relations thereof also into more transparently social, hence potentially socialist, forms. (libcom.org)
  • While the two processes of capital over-production and underproduction are by no means mutually exclusive, they may offset or compensate for one another in ways which create the appearance of relatively stable processes of capitalist development. (libcom.org)
  • The results of these and most other modern efforts to discuss the problem of capitalism, nature, and socialism wither on the vine because they fail to focus on the nature of specifically capitalist scarcity, that is, the process whereby capital is its own barrier or limit because of its self-destructive forms of proletarianization of human nature and appropriation of labor and capitalization of external nature. (libcom.org)
  • total factor produ
  • Dual Economies and International Total Factor Productivity Differences ," EPRU Working Paper Series 03-09, Economic Policy Research Unit (EPRU), University of Copenhagen. (repec.org)
  • 2004). Time and effort have been devoted to developing a satisfactory understanding of the rationale and the mechanisms through which the benefits for the host of FDI take root, leading to theoretical support for a positive impact from FDI (for example, through increases in total factor productivity and accelerating capital accumulation). (voxeu.org)
  • crisis
  • The first part of the paper provides an overview of economic fundamentals in Asia on the eve of the crisis, with emphasis on current account imbalances, quantity and quality of financial overlending,' banking problems, and composition, maturity and size of capital inflows. (worldcat.org)
  • Ursula Huws discusses how the financial crisis has been used to open up the public sector to further commodification, as capital seeks new avenues for accumulation. (newleftproject.org)
  • So there was a crisis of accumulation. (newleftproject.org)
  • The causes of the current crisis in the international financial markets, which is threatening to develop into a genuine global market crisis, have been attributed by almost all commentators and economic experts to the uninhibited freedom granted to speculation, particularly in the USA. (krisis.org)
  • 2 I shall instead concentrate on evidence for the claim that these one-sided attacks on finance capital also turn the cause-effect relationships of the functional logic of capitalism on their head, which blocks the way not only for an analysis of the ongoing crisis, but also for an adequate opposition to the unreasonable social and political demands that are bound up with it. (krisis.org)
  • This article expounds the traditional Marxist theory of the contradiction between forces and relations of production, overproduction of capital and economic crisis, and the process of crisis induced restructuring of productive forces and production relations into more transparently social, hence potentially socialist, forms. (libcom.org)
  • This should not be surprising since Marx wrote little pertaining to the ways that capital limits itself by impairing its own social and environmental conditions hence increasing the costs and expenses of capital, thereby threatening capitals' ability to produce profits, i.e., threatening economic crisis. (libcom.org)
  • Rodrik
  • An important aspect of the globalisation process (Rodrik 2011) is foreign direct investment (FDI), which underlies the fragmentation of supply chains (Baldwin 2016) and the emergence of global companies (Navaretti et al. (voxeu.org)
  • thereby
  • The invention of the steam-driven power loom allowed the creation of the 'combined factory': a new generation of mills that integrated the production process under one roof, thereby ending the role of the unruly cottage weavers. (lse.ac.uk)
  • warfare
  • In his latest book, Carles Boix proposes to account for human history with a simple theoretical approach, where the interplay between warfare and production technologies determines the choice between production and violence. (booksandideas.net)
  • labour
  • Stock energy consists of the relics of solar energy from the distant past, residing outside the landscape, freely transported and stored, but requiring human labour to exploit. (lse.ac.uk)
  • Chapter 3 from Patriarchy and capital accumulation on a world scale: women in the international division of labour , 1986. (libcom.org)
  • More than that, they can find support in the widespread preconception that finance capital, banks and 'speculators' are responsible for most of the evils of capitalism, because they supposedly extract their profit at the expense of 'honest labour' and of 'productive entrepreneurship', without themselves lifting a finger. (krisis.org)
  • technological
  • In this book, they explore the social and technological processes through which economic value is extracted from digitally mediated work, the nature of the value created, and what prompts people to participate in the process. (mit.edu)
  • approaches
  • It is through a deep engagement with feminist approaches that we recognize the need to challenge the boundedness of the domain of "the economic. (wordpress.com)
  • call
  • Hamid Ekbia and Bonnie Nardi call this kind of participation-the extraction of economic value from low-cost or free labor in computer-mediated networks-"heteromation. (mit.edu)
  • Analyses
  • Despite the many and varied attempts to bring politics, society, and history inside analyses of capitalism, we find that an imagined "economic logic" returns again and again as the driving force in this scholarship. (wordpress.com)
  • production
  • We obtain the parameters of the aggregate production function and those characterizing the process of human capital accumulation. (repec.org)
  • 2 The commission noted that, although GDP is mainly a measure of market production, it is often treated as a measure of economic wellbeing and that "conflating the two can lead to misleading indications about how well-off people are and entail the wrong policy decisions. (bmj.com)
  • The latter, producing closer to the place of human need, combines ' Design Global, Manufacture Local ' (DGML) to achieve the Cosmo-Localization of production. (p2pfoundation.net)
  • Social
  • The highest profile critique of GDP in recent years was the 2009 report of the Stiglitz-Sen-Fitoussi commission (the Commission on the Measurement of Economic Performance and Social Progress). (bmj.com)
  • Ursula Huws is, amongst other things, the director of the social and economic research consultancy Analytica. (newleftproject.org)
  • In 2005, Franz Müntefering, at the time chairman of the German Social Democratic Party, articulated a 'critique of capitalism' according to which the blame for the increased economic instability and precarisation of twenty-first-century capitalism lies with 'greedy speculators', whom he described as locusts. (krisis.org)
  • Those who have for years seen the causes of every economic and social fissure - mass unemployment, pressure on wages, increased local competition and the tearing down of social security - in the fact that speculation has been set free and become an end in itself, and who see regulation and control of the financial markets as the key to solving these problems, now feel that their views have been confirmed. (krisis.org)
  • Unequal Societies: Income Distribution and the Social Contract ," American Economic Review , American Economic Association, vol. 90(1), pages 96-129, March. (repec.org)
  • Study of the combination of the two processes in the contemporary world may throw light on the decline of traditional labor and socialist movements and the rise of "new social movements" as agencies of social transformation. (libcom.org)
  • Next, we delineate strategies for further incorporation of social considerations into FEW nexus research, including the use of social science perspectives and frameworks such as socio-ecological resilience and community capitals. (frontiersin.org)
  • This column argues that the economic impact of foreign direct investment is less 'conditional' than commonly thought, perhaps because below the thresholds, the difference between private and social returns is substantial, while above them it is smaller. (voxeu.org)
  • It is my basic theme that the human mind is not adapted to interpreting how social systems behave. (constitution.org)
  • To point a way out of our present dilemma about social systems, I will sketch an approach that combines the strength of the human mind and the strength of today's computers. (constitution.org)
  • relatively
  • The capital intensive sector enjoying high ratios of capital to labor paid relatively high wages, and the labor intensive sector paid relatively low wages. (eh.net)
  • institutional
  • Up to the present the heavy institutional costs of industrialization with a modernized political superstructure, occurring together with a backward economic infrastructure, have not been recognized. (monthlyreview.org)
  • poverty reduction
  • 1 The links between political rights and poverty reduction are similarly complicated, but there is evidence that democratic institutions are better at reducing economic volatility and provide a more consistent approach to poverty reduction than do autocratic regimes. (mcc.gov)
  • history
  • EH.net is owned and operated by the Economic History Association with the support of other sponsoring organizations. (eh.net)
  • This is narrative economic history of a type that seems increasingly rare in a discipline that has fetishised econometric techniques. (lse.ac.uk)
  • nature
  • Similarly, the relationship between human beings and external nature or the earth was radically changed. (libcom.org)
  • In the past new commodities have come from aspects of nature, from the human body - generating new commodities through, for instance, drugs or cosmetic surgery. (newleftproject.org)
  • and urban movements and related topics are usually discussed in post-Marxist terms, the rhetoric deployed in this article is self-consciously Marxist and designed to appeal to Marxist theorists and fellow travelers whose work remains within a "scientific" discourse hence those who are least likely to be convinced by post-Marxist discussions of the problem of capital's use and abuse of nature (including human nature) in the modern world. (libcom.org)
  • financial markets
  • There was concern that the turbulence in the financial markets could slow economic activity in coming months. (clevelandfed.org)
  • On a superficial level, it could indeed appear that the financial markets constitute the original cause of the increasing economic pressure on society as a whole. (krisis.org)
  • profitable
  • They are manifested in chronic overaccumulation (excess capital and excess capacity), reflecting a shortage of profitable investment outlets relative to investment-seeking surplus. (monthlyreview.org)
  • Measures
  • This indicator measures country performance on the quality of the electoral process, political pluralism and participation, government corruption and transparency, and fair political treatment of ethnic groups. (mcc.gov)
  • Economy
  • An exploration of a new division of labor between machines and humans, in which people provide value to the economy with little or no compensation. (mit.edu)
  • The computerization of the economy-and everyday life-has transformed the division of labor between humans and machines, shifting many people into work that is hidden, poorly compensated, or accepted as part of being a "user" of digital technology. (mit.edu)
  • The economic effects of foreign direct investment are generally expected to be positive for the host economy. (voxeu.org)
  • levels
  • Hence in one stream, the overall effect of FDI is argued to depend upon whether recipient countries have attained minimum levels of human capital (Borensztein et al. (voxeu.org)
  • political
  • The governments of almost all developing countries are facing the long-term twin problems of capital shortages and high fiscal debts, resulting from their attempts to modernize the state forms and economic and financial relations left by colonialism or copied from western political culture. (monthlyreview.org)
  • The Political Rights indicator is based on a 10 question checklist grouped into the three subcategories: Electoral Process (3 questions), Political Pluralism and Participation (4 questions), and Functioning of Government (3 questions). (mcc.gov)
  • However, the emphasis in this article on a political economic "scientific" discourse is tactical, not strategic. (libcom.org)
  • impact
  • These problems were also related to the impact of the East Asian financial turmoil in the late 1990s, at the same time as China was in the process of joining the World Trade Organization, and thus becoming increasingly integrated into the world competition of financial capital. (monthlyreview.org)
  • This study aims to determine the long-run impact of physical and human capital on GDP by using the panel data set of 13 developed and 11 developing countries over the period 1970-2010. (hindawi.com)
  • Countries
  • This paper explores the view that the Asian currency and financial crises in 1997 and 1998 reflected structural and policy distortions in the countries of the region, even if market overreaction and herding caused the plunge of exchange rates, asset prices, and economic activity to be more severe than warranted by the initial weak economic conditions. (worldcat.org)
  • Why Doesn't Capital Flow from Rich to Poor Countries? (repec.org)
  • But the problem for countries like Latvia is they do not have the latent human resources to really get the benefits from this "inputs accumulation" process. (blogspot.com)
  • However, economic transformation in low-income countries is changing as recent evidence suggests countries are running out of industrialization options much sooner than once expected. (worldbank.org)
  • structural
  • In conjunction with hostility towards finance capital, this personification of structural relationships resonates with the long tradition of what August Bebel termed the 'socialism of fools', culminating in the 'critique of capitalism' advanced by the NSDAP and the contemporary far-right. (krisis.org)
  • different
  • Of course, we know that economic conditions can be vastly different from region to region. (clevelandfed.org)
  • Panel DOLS and FMOLS panel cointegrated regression models are exploited to detect the magnitude and sign of the cointegration relationship and compare the effect of these physical and human capital variables according to these two different country groups. (hindawi.com)
  • wages
  • Her great insight is that you need new markets outside capital - because - surplus value must be extracted from the workforce - it will never be the case that all the workers can buy all the goods that are produced because the total amount of their wages will always be less than the value of these goods. (newleftproject.org)
  • capitalism
  • Capitalism, irrespective of what the banks are up to, periodically runs into crises due to the falling rate of profit and too much accumulation. (newleftproject.org)
  • Alternatively, we understand capitalism to be formed through the relational performance of productive powers that exceed formal economic models, practices, boundaries, and market devices. (wordpress.com)