Reproducing dependency: auto industry policy and petrodollar circulation in Venezuela

1982 ◽  
Vol 36 (1) ◽  
pp. 61-94 ◽  
Author(s):  
Fernando Coronil ◽  
Julie Skurski
Keyword(s):  
Social Reproduction ◽  
Capital Accumulation ◽  
Industrial Development ◽  
Import Substitution ◽  
Common Interest ◽  
Bargaining Process ◽  
The Common ◽  
Industry Policy ◽  
Developmental Policies ◽  
Subordinate Role

Development policy is analyzed by liberal models in terms of bargaining transactions between interest-maximizing actors and by the dependency perspective in terms of the internalized requirements of worldwide capital accumulation. Both approaches assume the working of capitalist rationality in dependent nations. In contrast, a focus on productive relations, class alliances, and political coalitions reveals the constraints on developmental policies in nations built around the partial development of capitalist productive forces and occupying a subordinate role in the international division of labor. Analysis of the Venezuelan auto policy during the Pérez administration (1974–79) shows the relations constituting socially defined actors and the structures underlying the policy bargaining process. It posits that in Venezuela there is a growing disjuncture between the internationally conditioned requirements of capital accumulation and the locally based demands of social reproduction; that the common interest of state and bourgeoisie in maintaining the rentier basis of the economy shapes the direction and extent of industrial development; and that circulation of petrodollars has absorbed production as a phase of circulation. The struggle between state and transnational corporations over local engine manufacture, and the tension between import substitution and export promotion, concealed an underlying conflict between rent appropriation and capital accumulation.

scholarly journals Moral economy: Rethinking a radical concept

2016 ◽  
Vol 16 (4) ◽  
pp. 413-432 ◽  
Author(s):  
Jaime Palomera ◽  
Theodora Vetta
Keyword(s):  
Social Reproduction ◽  
Capital Accumulation ◽  
Moral Economy ◽  
Economic Practice ◽  
Cultural Domination ◽  
The Common

This article argues that the original thrust of the moral economy concept has been understated and attempts to cast it in a new light by bringing class and capital back into the equation. First, it reviews the seminal works of Thompson and Scott, tracing the origins of the term. It deals with the common conflation of moral economy with Polanyi’s notion of embeddedness, differentiating the two concepts and scrutinizing the ways in which these perspectives have been criticized. Second, it dispels dichotomist conceptions separating economic practice from morality, or embedded configurations from disembedded ones. Against binary views of the market as a boundless realm penetrating previously untainted moral spheres, it posits that social reproduction is characterized by an entanglement of values, which can only be fully grasped by delineating the contours and characteristics of capital accumulation. Third, it contends that moral economy is a dynamic concept because it accounts for class-informed frameworks involving traditions, valuations and expectations. Finally, it argues that moral economy can enrich the concept of hegemony because it pays attention to the often-contradictory values that guide and sustain livelihood practices, through which cultural domination is reproduced or altered.

Introduction

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Social Reproduction ◽  
Capital Accumulation ◽  
Social Consequences ◽  
First Century ◽  
Capitalist System ◽  
Global Restructuring ◽  
The Social ◽  
And Diffusion ◽  
Political Decision Making ◽  
Mode Of Production

This book investigates two questions, how did finance become hegemonic in the capitalist system; and what are the social consequences of the rise of finance? We do not dwell on other topics, such as the evolution of the mode of production or the development of class conflict over the longer run. Our theme is not the genesis, history, dynamics, or contradictions of capitalism but, instead, we address the rise of financialization beginning in the last quarter of the twentieth century and continuing into the twenty-first century. Therefore, we investigate the transnationalization of the circuits and processes of capital accumulation that originated the expansion and financialization of the mechanisms of production, social reproduction, and hegemony, including the ideology, the functioning of the states, and the political decision making. We do not discuss the prevailing neoliberalism as an ideology, although we pay attention to the creation and diffusion of ideas, since we sketch an overview of the process of global restructuring of production and finance leading to the prevalence of the shadow economy....

The “laborless fuel”: Landscape, energy transitions and natural gas in the postwar U.S.

2021 ◽  
pp. 251484862098712
Author(s):  
Carlo Sica
Keyword(s):  
Natural Gas ◽  
Social Reproduction ◽  
Capital Accumulation ◽  
Energy Transition ◽  
Business Owners ◽  
Energy Landscapes ◽  
Technological Systems ◽  
Energy Transitions ◽  
The Social ◽  
Political Landscapes

The dire need for an energy transition to mitigate and reverse global warming is inspiring scholars to reexamine political influences on technological systems. The multi-level perspective of the socio-technical transitions framework acknowledges how technological systems are affected by the social and political landscapes where they are built. Energy landscapes literatures elaborate on the socio-technical transitions framework by explaining how the boundaries of landscapes are negotiated in the context of energy transitions. Energy scholars have found that negotiations over the form and purpose of energy landscapes frequently skew in favor of capital accumulation instead of social reproduction. Studies of landscapes in human geography and labor history have shown how the power imbalance energy scholars observed can be corrected by workers and their communities struggling against business owners and the state. Using archival data, I show how U.S. natural gas legislation in the postwar period was intended to limit coalminers’ demands for landscapes of social reproduction. This point matters because the vulnerabilities of industrial capitalism to energy worker organization could be exploited to push for a just and sustainable energy transition like the Green New Deal.

The Work That Plants Do

2021 ◽  
Keyword(s):  
Value Creation ◽  
Social Reproduction ◽  
Capital Accumulation ◽  
Plant Science ◽  
Environmental Humanities ◽  
Societal Dynamics

Whether driven by developments in plant science, bio-philosophy, or broader societal dynamics, plants have to respond to a litany of environmental, social, and economic challenges. This collection explores the `work' that plants do in contemporary capitalism, examining how vegetal life is enrolled in processes of value creation, social reproduction, and capital accumulation. Bringing together insights from geography, anthropology, and the environmental humanities, the contributors contend that attention to the diverse capacities and agencies of plants can both enrich understandings of capitalist economies, and also catalyze new forms of resistance to their logics.

POSTINDUSTRIALIZATION AND DEINDUSTRIALIZATION IN THE GLOBAL ECONOMY IN THE CONTEXT OF RUSSIA'S ECONOMIC SECURITY

2021 ◽  
Vol 5 (199) ◽  
pp. 9-17
Author(s):  
V.A. Noskov ◽  
Keyword(s):  
Developing Countries ◽  
National Security ◽  
Global Economy ◽  
Industrial Development ◽  
World Economy ◽  
Import Substitution ◽  
Economic Security ◽  
Regional Features ◽  
The World ◽  
Post Industrial

The purpose of the publication is to assess the world experience of post-industrial development and deindustrialization in the economies of both developed and developing countries. The importance of the crisis of the post-industrial paradigm for the development of the world economy, the application of this experience in the process of import substitution and the unfolding reindustrialization in Russia is noted. The analysis of the world experience of post-industrial development and deindustrialization of the economy, its macro-regional features is carried out in the context of maintaining and developing Russia's economic security. The author's understanding of the problems and prospects of the development of import substitution and reindustrialization processes in the world is proposed. Import substitution is considered as part of the strategy of economic development and ensuring the national security of the country. It is proposed to build recommendations for improving the policy of import substitution and reindustrialization carried out by Russia, taking into account the author's developments.

scholarly journals Using lex Rhodia in the case of a pirate attack

2019 ◽  
pp. 81-90
Author(s):  
Anna Tarwacka
Keyword(s):  
Common Interest ◽  
The Common ◽  
Sea Storm

The regulations on participation in loss incurred by persons traveling by ship were very consistent. The settlement was possible only in case of acting in the common interest. A jettison was carried out in order to relieve the vessel and increase its handling and speed. The cause could be a sea storm and the risk of wrecking the ship, but also, it seems, a pirate chase. In such case a person who suffered a loss could demand reimbursement from the ship’s captain who could then sue other passengers. however, if the ransom was paid to the pirates, reimbursement was possible only if everyone benefited from it, and therefore when the entire ship was ransomed. Individual items ransomed separately and what the sea robbers had seized were not subject to the settlement.

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