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107

The Question of Technology

3
terms
1
notes

Harvey, D. (2017). The Question of Technology. In Harvey, D. Marx, Capital and the Madness of Economic Reason. Profile Books, pp. 107-126

(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high

111

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

—p.111 by David Harvey
notable
6 years, 8 months ago

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

—p.111 by David Harvey
notable
6 years, 8 months ago
111

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.

—p.111 by David Harvey
notable
6 years, 8 months ago

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.

—p.111 by David Harvey
notable
6 years, 8 months ago

the philosophical attempt to describe things in terms of their apparent intrinsic purpose, directive principle, or goal, irrespective of human use or opinion

114

Marx hoped, of course, for some kind of socialist or communist revolution (and at various points took a somewhat teleological view of the inevitable progression towards communism)

—p.114 by David Harvey
notable
6 years, 8 months ago

Marx hoped, of course, for some kind of socialist or communist revolution (and at various points took a somewhat teleological view of the inevitable progression towards communism)

—p.114 by David Harvey
notable
6 years, 8 months ago
125

[...] when technology becomes an independent business, it no longer responds primarily to needs, but it creates innovations that have to find and define new markets. It has to create new wants, needs and desires not only on the part of producers (through productive consumption) but also, as we see all around us on a daily basis, on the part of final consumers. This business thrives upon and actively promotes the fetish belief in technological fixes for all problems.

—p.125 by David Harvey 6 years, 8 months ago

[...] when technology becomes an independent business, it no longer responds primarily to needs, but it creates innovations that have to find and define new markets. It has to create new wants, needs and desires not only on the part of producers (through productive consumption) but also, as we see all around us on a daily basis, on the part of final consumers. This business thrives upon and actively promotes the fetish belief in technological fixes for all problems.

—p.125 by David Harvey 6 years, 8 months ago