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Capitalism and Rent: A Destructive Relationship

15 TND

About Book

Rent blocks the transition to capitalism. Rent is intrinsically tied to inequality. Profit requires rising mass incomes. International specialisation on raw materials has traditionally contributed to the increase of rent. Devaluation and export-oriented manufacturing favour the transformation of rent into capitalist growth. The Maghreb countries are not well placed for such export-oriented manufacturing. Their production of basic necessities is not sufficient for devaluation below purchasing power parity. These countries risk succumbing to the impending globalisation of rent.

Sociology
Edition Details
  • 180 pages
  • Published in 2024
  • :
  • Published by Arabesque Edition