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– and therefore capitalism – thrive on "real investment" and the growth of "real capital". But as we shall see, in reality …
Persistent link: https://www.econbiz.de/10011644650
¿Qué quieren decir los economistas cuando hablan de “acumulación de capital'? La respuesta es todo, menos clara. La opinión convencional es que hay dos tipos de capital: real y financiero, que deben guardar correspondencia y que, infortunadamente, la mayoría de las veces no se...
Persistent link: https://www.econbiz.de/10011644651
investment’ and the growth of ‘real capital’. But as we shall see, in reality, the best time for capitalists is when their ‘real …
Persistent link: https://www.econbiz.de/10011645092
This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about economic structure, but there are very few writings which...
Persistent link: https://www.econbiz.de/10011647601
lives in chains – and yet everywhere we look we see it grow and expand. What explains this apparent puzzle of 'growth in the … midst of sabotage'? The answer, we argue, begins with the very meaning of ‘growth’. Whereas conventional political economy … equates the growth with a rising standard of living, we posit that much of this growth has nothing to do with livelihood as …
Persistent link: https://www.econbiz.de/10011674612
lives in chains – and yet everywhere we look we see it grow and expand. What explains this apparent puzzle of ‘growth in the … midst of sabotage’? The answer, we argue, begins with the very meaning of ‘growth’. Whereas conventional political economy … equates growth with a rising standard of living, we posit that much of this growth has nothing to do with livelihood as such …
Persistent link: https://www.econbiz.de/10012221904
popular belief in neoliberal globalization, peace dividends, fiscal conservatism and sound finance that dominated the 1980s … some measure of growth and stability, depth thrives on ‘accumulation through crisis.’ The past twenty years were dominated …
Persistent link: https://www.econbiz.de/10011644556
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and acquisitions, stagflation and globalization as integral facets of accumulation. The framework builds on the concept of differential accumulation, emphasizing the power drive by dominant...
Persistent link: https://www.econbiz.de/10011644558
Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour...
Persistent link: https://www.econbiz.de/10011644560
This is the second in a series of two articles looking into the interaction between differential capital accumulation and Middle East “energy conflicts.” Examining the historical record since the late 1960s, we find US policies to have been increasingly consistent with the coinciding...
Persistent link: https://www.econbiz.de/10011644562