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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)
proleptic
(en)
(adj) anticipatory; a figure of speech in which the speaker raises an objection to their own argument and then immediately answers it; also called procatalepsis
scission
(en)
(noun) a division or split in a group or union; schism / (noun) an action or process of cutting, dividing, or splitting; the state of being cut, divided, or split
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)
trenchant
(en)
(adjective) keen, sharp / (adjective) vigorously effective and articulate / (adjective) caustic / (adjective) sharply perceptive; penetrating / (adjective) clear-cut, distinct
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
Washington Consensus
(en)
a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.–based institutions like the IMF and the World Bank (in a nutshell, neoliberalism); term first used in 1989 by English economist John Williamson
Washington Consensus
(en)
a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.–based institutions like the IMF and the World Bank (in a nutshell, neoliberalism); term first used in 1989 by English economist John Williamson