parochial (en)

relating to a church parish; having a limited or narrow outlook or scope

participatory economics (en)

an economic system based on participatory decision making as the primary economic mechanism for allocating the factors of production and guidance of production in a society

Plaza Accord (en)

(or, Plaza Agreement) between France, West Germany, Japan, the US, and the UK, to depreciate the U.S. dollar in relation to the Japanese yen and German Deutsche Mark by intervening in currency markets, in 1985

postmodernity (en)

(adjective) of, relating to, or being an era after a modern one / (adjective) of, relating to, or being any of various movements in reaction to modernism that are typically characterized by a return to traditional materials and forms (as in architecture) or by ironic self-reference and absurdity (as in literature) / (adjective) of, relating to, or being a theory that involves a radical reappraisal of modern assumptions about culture, identity, history, or language

primitive accumulation (en)

a economic theory relating to the origin of capital (Adam Smith saw it as a peaceful process with natural imbalances in wealth distribution; Karl Marx saw it as a violent enclosure of the commons etc etc)

primitive accumulation (en)

a economic theory relating to the origin of capital (Adam Smith saw it as a peaceful process with natural imbalances in wealth distribution; Karl Marx saw it as a violent enclosure of the commons etc etc)

rhizomatic (en)

referring to a type of subterranean plant stem; as a metaphor, means interconnected

sclerosis (en)

a hardening of tissue and other anatomical features / becoming rigid and unresponsive; losing the ability to adapt

stagflation (en)

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

structural adjustment programs (en)

a term for the loans provided by the IMF and the World Bank to countries that experienced economic crises, which come with strings attached: privatisation and deregulation, mainly (the conditions are also known as the Washington Consensus)

synthetic freedom (en)

freedom that needs to be materially produced (a formal right that without a material capacity is worthless); introduced in Inventing the Future

tabula rasa (en)

(noun) the mind in its hypothetical primary blank or empty state before receiving outside impressions / (noun) something existing in its original pristine state (philosophy)

There is no alternative (en)

a slogan refering to globalization popularised by Margaret Thatcher; means that the market economy is the only system that works, and that debate about this is over

There is no alternative (en)

a slogan refering to globalization popularised by Margaret Thatcher; means that the market economy is the only system that works, and that debate about this is over

valorization (en)

give or assign a value to, especially a higher value: "The prophets valorized history"

vicissitudes (en)

(noun) a change or variation occurring in the course of something; successive, alternating, or changing phases or conditions, as of life or fortune; ups and downs