Capital and Capitalism

2018 ◽  
Author(s):  
Sumit K. Majumdar
Keyword(s):  
Industrial Policy ◽  
Economic Activity ◽  
The State ◽  
Industrial Society ◽  
Institution Building ◽  
Modern Industrial Society ◽  
Role Of The State ◽  
Laws And Regulations

The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities. Capitalism necessitates socially organizing production. Assessing organizational and administrative contingencies is important for understanding capitalism. Institutions are the bedrock of capitalism. The broad roles of Government, in designing laws and regulations, building infrastructure and acting as entrepreneur, are discussed. The implementation of national industrial strategies facilitates growth. The nature of industrial strategies is highlighted. Industrial policy activities, as defined by the three facets of institutions, innovation and involvement, are discussed. With respect to India’s industrial strategy, independent India’s founders’ visions of a modern industrial society, grounded in a need to involve Government in institution building, are introduced.

scholarly journals Analysis of problems of industry in Russian Federation.

2015 ◽  
Vol 2015 (3) ◽  
pp. 202-210
Author(s):  
Екатерина Стрижакова ◽  
Ekaterina Strizhakova ◽  
Дмитрий Стрижаков ◽  
Dmitriy Strizhakov
Keyword(s):  
Industrial Policy ◽  
Russian Federation ◽  
Industrial Production ◽  
The State ◽  
Russian Economy ◽  
Role Of The State ◽  
The Russian Federation

The analysis of the structure of industrial production in Russia, the level of profitability by type of activity, an analysis of R & D expenses, as well as trends in the development of industrial production and its prospects are given . To identify and support the key role of the state in regu-lating influence on the Russian economy as a whole, and on the development of industrial poten-tial of the country. Formed the main directions of development and implementation of industrial policy in the Russian Federation.

scholarly journals Science and economy interrelation

2020 ◽  
Vol 2 (3) ◽  
pp. 70-90
Author(s):  
Gennady V. Shepelev
Keyword(s):  
Economic Activity ◽  
Scientific Research ◽  
The State ◽  
Research Results ◽  
Role Of The State ◽  
State Financing

The model of interrelation between science and Economics is considered. The analysis of scientific research as a specific economic activity is carried out. The role of state and non-state financing in the organization of business based on scientific research is investigated. Based on the proposed concept the processes of forming the demand for scientific research are studied. In particular, explanations are given for the lack of business demand on research results. The role of the state in forming a request for scientific research for various sectors of science is shown.

Neoliberalism, capitalist growth models, and the state: An agenda for industrial relations theory

2019 ◽  
Vol 61 (3) ◽  
pp. 457-474 ◽  
Author(s):  
Chris Howell
Keyword(s):  
Growth Models ◽  
Industrial Relations ◽  
The State ◽  
Institution Building ◽  
Continuity And Change ◽  
Role Of The State ◽  
Class Power ◽  
The Subject ◽  
The Impact

The liberalization of industrial relations has become a generalized phenomenon in advanced capitalist societies. This raises at least three issues that are the subject of this review. First, what is the balance between continuity and change in industrial relations? Second, what is driving change, and in particular, what role is played by shifts in capitalist growth models that have taken place over the last three decades? Third, what does this tell us about the role of political regulation in industrial relations change? This review suggests that scholars need to rethink the role of industrial relations institutions, specifically their ability to shape and mitigate the impact of broad transformations in types of economic growth and the balance of class power. It argues that liberalization of industrial relations and the instability of emerging capitalist growth models highlight the centrality of political regulation and the role of the state in market-making and institution-building.

Reinterpreting the Geography of Accumulation: The Global Shift and Local Restructuring

1994 ◽  
Vol 12 (3) ◽  
pp. 265-285 ◽  
Author(s):  
Robert H Fagan ◽  
Richard D Le Heron
Keyword(s):  
Social Relations ◽  
Economic Activity ◽  
The State ◽  
Financial Capital ◽  
Complex World ◽  
Global Integration ◽  
Nation States ◽  
Role Of The State

The authors argue that the nation is not the natural space for the circulation and reproduction of capital, and that this is vitally important in understanding the restructuring of economic activity since the mid-1970s. Rapidly increasing global integration of production, realisation of profit, and the circulation of financial capital have been recognised widely. Yet little consensus has developed about cither the theoretical or empirical impacts of globalisation on changing spatial divisions of labour within developed capitalist countries. The authors outline a model of globalisation in which an increasingly internationalised process of accumulation is expressed in, and reproduced through, the changing social relations of production which remain bounded territorially by nation-states. The model is built up from a synthesis of some apparently disparate theoretical positions on capitalist restructuring crises taken by researchers during the 1980s. These include theories of the internationalisation of capital and those dealing with restructuring within nation-states after the now much-debated transition out of the regime of accumulation which produced the long boom after 1950. Some of these theories have focused too narrowly on the circuit of production to the exclusion of the increasingly complex world trading links and with a severe underestimation of the importance of global financial capital during the 1980s. Methodological implications of the model are investigated and the role of the state in a globally integrated economy is illuminated.

Pandemic-Led Disruptions in Asia: Tracing the Early Economic Impacts on Sri Lanka and Thailand

2021 ◽  
Vol 28 (1) ◽  
pp. 172-198
Author(s):  
Reena Marwah ◽  
Sanika Sulochani Ramanayake
Keyword(s):  
Sri Lanka ◽  
Economic Activity ◽  
Economic Impacts ◽  
The State ◽  
International Travel ◽  
Health Infrastructure ◽  
Adverse Impacts ◽  
Role Of The State ◽  
The Impact

This study focuses on tracing the early economic impacts of COVID-19. The pandemic has unleashed a global shock impacting all economies in several ways. The lockdowns have brought economic activity to a standstill, with the closure of businesses and halting of travel, trade and commerce. Even as the impact on sensitive sectors as trade, tourism and remittances are already becoming visible, it is imperative to understand how these are impacting economies in Asia. This article studies these impacts on Thailand and Sri Lanka, both of which being wired to the globalised world, are witnessing adverse impacts on earnings through exports and tourism as well as a huge decline in inward remittances. Even as countries beef up their health infrastructure, they also seek to restart international travel and trade. Hence, the role of the state is critical to pull the economies out of the de-globalisation trends that are expected to gain pace in and beyond 2020.

scholarly journals Pendidikan Islam dan Fenomena Radikalisme Agama

2017 ◽  
Vol 5 (1) ◽  
pp. 11-24
Author(s):  
Abdul Kholik
Keyword(s):  
Social Economic ◽  
The State ◽  
Industrial Society ◽  
World Peace ◽  
Agrarian Society ◽  
Role Of The State ◽  
The Social ◽  
The Rich ◽  
Race And Religion

Religious radicalism is a great theme in society. This theme is not only present in industrial society, but also in agrarian society, farmers, and even intellectuals. The phenomenon of radicalism is a problem that needs to find a way out because it is massive and difficult to control. The role of the state in tackling radicalism can be done through welfare, and protecting all citizens regardless of race, race, and religion. However, the thing that happens in society is that the rich get richer and the poorer the poorer, which can lead to the emergence of radicalism. Some of the strategies in responding to the emergence of radicalism include: The use of military channels, the use of counter arguments, improving welfare by making improvements in the social, economic, political and cultural fields, counter-use of violence / insurrection by spreading the idea of ​​world peace.

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

2019 ◽  
Vol 19 (11) ◽  
pp. 1 ◽  
Author(s):  
Christine Richmond ◽  
Dora Benedek ◽  
Bobana Cegar ◽  
Peter Dohlman ◽  
Michelle Hassine ◽  
...  
Keyword(s):  
Economic Activity ◽  
Western Europe ◽  
The State ◽  
Eastern European ◽  
Income Convergence ◽  
Southeastern Europe ◽  
South Eastern ◽  
Role Of The State ◽  
Central Eastern

The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not always equally shared across society, and it has now slowed dramatically in many countries of the region.

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