Fictive capital and productivity of labor: technological backwardness through the monetary relations
The article is devoted to describing system relations of technological stagnation, technical development, labor productivity and monetary standard. It has been shown that world dependence of dollar had based on need to mask labor productivity reduction without inflation methods. It was proven a dest...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2020-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/24/e3sconf_tpacee2020_09007.pdf |
| Summary: | The article is devoted to describing system relations of technological stagnation, technical development, labor productivity and monetary standard. It has been shown that world dependence of dollar had based on need to mask labor productivity reduction without inflation methods. It was proven a destruct influence of American economy and its financial structure to quality development of advanced science and technology on a global scale by the comprising analysis of output, number of employers, labor productivity and real investments dynamics on American high-technology industries. |
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| ISSN: | 2267-1242 |