productivity wages
81modernization — See modernize. * * * Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important,… …
821926 United Kingdom general strike — The UK General Strike of 1926 was a general strike that lasted nine days, from 3 May 1926 to 12 May 1926. It was called by the General Council of the Trades Union Congress (TUC) in an unsuccessful attempt to force the government to act to prevent …
83Economy of Communist Czechoslovakia — In the mid 1980s, Czechoslovakia was one of Eastern Europe s most industrialized and prosperous countries. Although levels of consumption were well below those common in Western Europe, inhabitants of Czechoslovakia enjoyed a standard of living… …
84Anarchism and capitalism — Articleissues citations missing = October 2007 OR = October 2007 rewrite = October 2007 weasel = October 2007Though some anarchists advocate free market, laissez faire capitalism, [Sheldon, Garret Ward (2001). Anarchism. Encyclopedia of Political …
85Andrew Weiss (economist) — Infobox Person born = Andrew Weiss image size = caption = birth date = birth place = death date = death place = occupation = spouse = parents = children = Andrew Weiss is Founder and Chief Executive Officer of Weiss Asset Management, a Boston… …
86economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …
87Neoliberalism — For the school of international relations, see Neoliberalism in international relations. Part of the Politics series on Neoliberalism …
88Underconsumption — In underconsumption theory, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced. It is an old concept in economics, going back to Thomas Malthus if not earlier. The concept of underconsumption had… …
89Real wage — The term real wages refers to wages that have been adjusted for inflation. This term is used in contrast to nominal wages or unadjusted wages.The use of adjusted figures is in undertaking some form of economic analysis. For example, in order to… …
90Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …
