Glossary
SIRS

Economics in Motion


Goal:-see the discussion post I made.

How does current modes of Capitalism relate to Karl Marx's Das Kapital?
What are some of the basic economic differences between a communist China and a capitalist China? This will still relate to "current mode of capitalism" - globalization is a current mode of capitalism, for instance.

Search Terms and Glossary:

  1. Inflation
  2. Gross Domestic Product
    1. "... Globalization--the extension of the division of labor and specialization beyond national borders--is patently a key to understanding much of our recent economic history. With a deepening of specialization and a growing capacity to conduct transactions and take risks throughout the world, production has become increasingly international.1"
  3. Globalization
  4. Karl Marx AND Capitalism -
  5. Subject Headings I found when I ran an Advance search in SIRS with China AND globalization
    China, Commerce
    China, Economic conditions
    China, Economic policy


Citations:

What about this article? I found it be clicking on China, Economic policy
Also, this article - for this kind of search you want to look for currency (that is, recently published articles becasue economic conditions change with time)
Title: inflation
Source: The Hutchinson Dictionary of Ideas
Author:
Publication Date: 2004
Page Number:
Database: SIRS Renaissance
Service: SIRS Knowledge Source <http://www.sirs.com>

Title: gross domestic product
Source: The Hutchinson Dictionary of Ideas
Author:
Publication Date: 2004
Page Number:
Database: SIRS Renaissance
Service: SIRS Knowledge Source <http://www.sirs.com>

Title: Globalization
"Globalization--the extension of the division of labor and specialization beyond national borders-"This is a definition I pulled right from the article - think abou this definition in terms of trade with China - what was trade like in a Communist economy as compared to a Capitalist economy.

Word to look up - search terms from this article: Congressional Budget Office, Council on Foreign Relations, Adam Smith's "invisible hand" "
"risk-adjusted rates of return" - what does this mean?-How would you find out?
Source: Globalization
Author: Alan Greenspan- Do you know who he is? This is a really good article you found - you can do a lot with this - Really pick it apart and this one article will teach you everything you need to know about economics - practically.
Publication Date: March 10, 2005
Page Number: n.p.
Database: SIRS Government Reporter
Service: SIRS Knowledge Source <http://www.sirs.com>

"Production of traded goods and services has expanded rapidly in economies with large, low-wage labor forces. Most prominent are China and India, which over the past decade have partly opened up to market forces, and the economies of central and eastern Europe, which were freed from central planning by the fall of the Soviet empire." - This is something I found that is interesting to your topic
"Over the past two decades, inflation has fallen notably, virtually worldwide" - I think this is interesting too.
"The very high saving rates of the Soviet Union, of China, and of India in earlier decades often did not foster significant productivity growth in those countries." - why?

NEWSDAY
(Long Island, N.Y.)
April 30, 1998, p. A46
Copyright 1998, Newsday, Inc./Michael Dorman. Reprinted by permission.
A DOCUMENT THAT SHAPED A CENTURY
'Communist Manifesto'
by Michael Dorman

What about this article for Karl Marx - it provides a really good overviw - this othe article (below) is written in a jokey, kind of way for folks who have a good background.
Title: The Vindication of Karl Marx
Source: Whole Earth Review
Author: Elin Whitney-Smith
Publication Date: Spring 1992
Page Number: 86-92
Database: SIRS Researcher
Service: SIRS Knowledge Source <http://www.sirs.com>