Presentation on theme: "On The Nature and Causes of The Wealth of Nations, 2007/08 A. Erinç Yeldan Bilkent University IDEAs Network."— Presentation transcript:
On The Nature and Causes of The Wealth of Nations, 2007/08 A. Erinç Yeldan Bilkent University IDEAs Network
something significant has changed in the way capitalism has been working since about 1970 David Harvey, 1989
Changes in the Global Environment economic limits of Fordist production and mass consumption have been reached by the 1970s. Profit rates in manufacturing in US and elsewhere started to decline as capital intensities increased
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