give or assign a value to, especially a higher value: "The prophets valorized history"
Production is the magical moment in which what Marx terms 'the valorisation' of capital occurs.
Production is the magical moment in which what Marx terms 'the valorisation' of capital occurs.
the process whereby the financial industry becomes more prominent
money is more geographically mobile than commodities and both are much more geographically mobile than production This has important implications for understanding the role of financialisation in globalisation.
money is more geographically mobile than commodities and both are much more geographically mobile than production This has important implications for understanding the role of financialisation in globalisation.
a discourse between two or more people holding different points of view about a subject but wishing to establish the truth through reasoned arguments
We should think of money and value as autonomous and independent of each other but dialectically intertwined.
We should think of money and value as autonomous and independent of each other but dialectically intertwined.
give or assign a value to, especially a higher value: "The prophets valorized history"
The incentives for money capital to skip investing in valorisation, particularly when the profit rate is low or labour relations troublesome, are multiple
The incentives for money capital to skip investing in valorisation, particularly when the profit rate is low or labour relations troublesome, are multiple
(noun) the point in the orbit of an object (as a satellite) orbiting the earth that is at the greatest distance from the center of the earth / (noun) the point farthest from a planet or a satellite (as the moon) reached by an object orbiting it / (noun) the farthest or highest point; culmination
The concept of anti-value reaches its apogee in the massive devaluations that occur at times of major crises.
anti-value as in claims on value (debt, etc)
The concept of anti-value reaches its apogee in the massive devaluations that occur at times of major crises.
anti-value as in claims on value (debt, etc)
(noun) a judicial decision or sentence / (noun) a decree in bankruptcy / (verb) to settle judicially / (verb) to act as judge
The adjudication between the rights of labour and the rights of capital over working hours depends on the balance of class forces: 'between equal rights, force decides'
The adjudication between the rights of labour and the rights of capital over working hours depends on the balance of class forces: 'between equal rights, force decides'
(adjective) occurring in an abnormal place / a concept in human geography elaborated by philosopher Michel Foucault to describe places and spaces that function in non-hegemonic conditions
Anarchist communes, religious-based communities and indigenous social orders constitute heterotopic spaces within the interstices of the capitalist system but outside of the rule of the law of value.
Anarchist communes, religious-based communities and indigenous social orders constitute heterotopic spaces within the interstices of the capitalist system but outside of the rule of the law of value.
(verb) to anticipate and prevent (as a situation) or make unnecessary (as an action)
This does not obviate the fact that many of the basic use value inputs into the production process of the tourist industry are free goods
This does not obviate the fact that many of the basic use value inputs into the production process of the tourist industry are free goods
(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high
The problems of 'stagflation' in the core regions of capitalism in the 1970s were partially addressed by the opening up of world trade to a globalised structure of competition
The problems of 'stagflation' in the core regions of capitalism in the 1970s were partially addressed by the opening up of world trade to a globalised structure of competition
(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high
The problems of 'stagflation' in the core regions of capitalism in the 1970s were partially addressed by the opening up of world trade to a globalised structure of capitalism.
The problems of 'stagflation' in the core regions of capitalism in the 1970s were partially addressed by the opening up of world trade to a globalised structure of capitalism.