Birth of a Baby Boom? Oct 30, 2009
Professor Kohler summed it up this way: "The main thing we can say at this point is that countries should develop in a way that allows for a better combination of human capital accumulation, labor force participation and having children." That sounds like a welcome shift away from quantity to quality of life. Details of the study may be read in the paper published in the August, 1909 issue of the scientific journal. (Suite101.com)
South Africa: Labour Union Calls for Radical Policy Interventions Sep 17, 2009
"SA's macro policy is constrained to a large extent by finance capital. This stranglehold, through the policy of high interest rates, and a strong exchange rate, ensures that money capital continues to accumulate at the expense of real capital accumulation, thereby limiting the ability of the state to deliver on basic services," the document reads ... "Part of ensuring that this primary objective is met is to consider a number of incentives to encourage real, productive capital accumulation.... (allAfrica.com)
Zimbabwe: Obama's Approach to Zim Shameful Jul 25, 2009
US president Barack Obama's speech in Accra, Ghana on July 11, 2009 was equal parts jaw dropping hypocrisy, outright fiction, sound advice for Africans if taken literally, and advocacy for institutions ideally suited to capital accumulation in Africa by Western investors. Africans should heed the US president's call to embrace the idea that Africa's future is up to Africans (and Africans alone) and to build their own nations, but the path Obama proposes, if followed, would condemn Africa to... (allAfrica.com)
Keynes is not enough Jul 16, 2009
To kick-start the economy into a dynamic process that would move it toward full employment, the government had to serve as a deus ex machina by spending massively to create the "effective demand" that would restart and sustain the engine of capital accumulation. As preemptive measures to stave off a depression, President Barack Obama's US$787 billion stimulus package, as well as those of Europe and China, is classically Keynesian. (Asia Times Online)
SA must raise its savings rate to foster economic growth Jul 7, 2009
Savings support capital accumulation and economic growth, as investment tends to raise productivity and global competitiveness. A higher savings rate can help smooth the business cycle because firms and individuals have a buffer during difficult times. (Business Report, South Africa)
Lessons from the revolution Jul 1, 2009
By allowing rapid arbitrage between high cost areas and low cost areas, it generates capital accumulation, which lubricates other economic activity. A world in which trade becomes bureaucratized and atomized lessens the possibilities of new wealth generation both directly through placing barriers to economic system optimization and indirectly through lessening the accumulation of capital. (Asia Times Online)
`GOD OF STOCKS' Chooses China as the Winner Jul 1, 2009
It is just as strange that Buffett, the man of patient capital accumulation, has been so fetishized in China, the land of instant everything. The tour gave me a window into the attitude of Chinese investors. (Bloomberg -- Columnists)
China's farmers a poor base for growth May 22, 2009
The government pursued primitive capital accumulation mainly through policies that cut heavily into the peasant surplus. The consequences of this urban-oriented industrial development strategy were stark. (Asia Times Online)
Tunisia: Study - Ibn Khaldun, Father of Economics May 17, 2009
Labor Theory of Value, Economics of Labor, Labor as the Source of Growth and Capital Accumulation ... It is necessary for all earnings and capital accumulation. (allAfrica.com)
Did the White House just declare climate change war on itself? May 13, 2009
" The Star Trek universe is built on a fundamentally optimistic premise : Technological growth will lead us into a future of abundance and prosperity. Transporter beams and warp drive-capable starships are just the beginning. Any society that enjoys the benefits of replicators able to produce any food or beverage the consumer might desire at the merest voice command is a society that has pushed the nonrival, nonexcludable benefits of knowledge diffusion to the maximum extent possible.Here's some... (Salon)
Obama the polar bear killer May 12, 2009
Technological change provides the incentive for continued capital accumulation, and together, capital accumulation and technological change account for much of the increase in output per hour worked. But] instructions for working with raw materials are inherently different from other economic goods. (Salon)
South Africa: Movement Building and the Capitalist Crisis in Elections [opinion] Apr 18, 2009
No ruling class can afford to have a government in place of which it is not certain that it will do everything necessary for the creation of the conditions for continued capital accumulation, especially in the midst of a systemic crisis. We can thus expect that they are going to do everything possible to ensure that the policies of the previous ANC government under Thabo Mbeki are not going to be sacrificed on the alter of the accumulation frenzy of the petty bourgeoisie marching under the... (allAfrica.com)
G-20 maps road for chaos Apr 1, 2009
Real economic growth will be impeded because of lack of savings and capital accumulation. Indicators show very low world inventories for staple food and energy products. (Asia Times Online)
Fiscal stimulus the way forward Mar 10, 2009
In no way could a fiscal deficit thwart private capital accumulation that could be inimical to economic growth, given the present economic climate. Higher interest rates that could crowd out private sector investments may not be witnessed as a consequence. (The Star Online, Malaysia)
Nigeria: Yar'Adua Acts on Land Reform Feb 23, 2009
He added that sending the Bill to the National Assembly begins the implementation of the administration's agenda to overcome some major legal and logistical constraints to capital accumulation. "Its passage will make land a much more easily convertible asset that can be used with less hindrance to raise capital for ventures in other areas of the economy. It will also facilitate increased investment in agriculture and strengthen the mortgage industry.". (allAfrica.com)
Yar'Adua begins review of Land Use Act Feb 23, 2009
The main thrust of the amendment, he said, "is to restrict the requirement for governor's consent in land transactions to assignments only. The amendments will render such consent unnecessary for mortgages, subleases and other land transfers in order to make transactions in land less cumbersome and facilitate economic growth. "The presentation of the bill to the National Assembly marks the commencement of the implementation of the Yar'Adua Administration's strategic agenda to overcome some of... (Guardian News, Nigeria)
The good of the NEP Feb 21, 2009
In most countries, the access of targeted groups to policy incentives has been at a late stage of human and financial capital accumulation. In India, targeted minority groups have received preferential access to universities. (The Star Online, Malaysia -- Business)
Your say: executive pay Feb 19, 2009
" Just remember, Mr Suit, ultimately companies (and banks!)are nothing more than mechanisms to receive payment for the provision of goods and services. If you aren't providing to society, society owes you nothing. Your business no longer has a reason to exist. Airwalk February 05, 2009 05:23 PM I have worked closely with executives from both the Telecommunications and Finance industry. I have never yet met an executive that has done anything to deserve the salary they earn. Even many middle and... (Sydney Morning Herald -- Business)
Your view Stimulus bill urgently needed Feb 8, 2009
Higher budget deficits are likely to decrease capital accumulation and output in the long run ... I totally agree with your author that "Higher budget deficits are likely to decrease capital accumulation and output in the long run.". (Logan Herald Journal, UT)
