Technology, finance, and dependency: Latin American radical political economy in retrospect

Article Abstract:

A discussion of the reduced relevance of strict definitions of the technological division of labor, the theoretical problems caused by the effective industrialization of several countries in the periphery, the debt crisis, and the failure of the neoliberal agenda is presented. The reduced relevance of strict definitions of the technological division of labor and the theoretical problems caused by the effective industrialization of several countries in the periphery shows that trade and technological dependency is less important.

Scientific Research and Development Services, Latin America, Development, Economic Programs-Total Govt, Administration of Economic Programs, Dependency (Economics)

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Economic health, consumer confidence, and the stock market

Article Abstract:

Consumer confidence, which is measured through increased consumer spending, has been commonly thought to be directly related to the condition of the stock market. However, current observations have shown that consumer spending has declined despite rising stock prices and the generally positive trend in the stock market. Apparently, rapid developments in technology are being seen as a threat to employment and people have shifted a portion of their usual expenses to savings for the future.

Consumer confidence

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The stock market and the economy

Article Abstract:

The stock market has a minimal role in economic development, which is contrary to common expectations. It has very minimal contribution to the funding of companies, has little effect on investments and has no impact on consumer spending. Nevertheless, its importance rests on it being a vehicle for the organized transfer of control of corporations and as a way by which the wealthy or the ruling class wield their power.

Corporations

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