temporal fix
(en)
one way of addressing overaccumulation in capitalism: put it into long-term investments that will improve productivity in the future
a 'temporal fix'. Capital can be invested in long-term projects like infrastructure, education and research that will improve the future productivity of capital.
the example he gives is the New Deal. he also explains that it's less popular cus it means capitalists have to wait quite a while for the benefits
notable
7 years, 1 month ago