Issue |
E3S Web Conf.
Volume 164, 2020
Topical Problems of Green Architecture, Civil and Environmental Engineering 2019 (TPACEE 2019)
|
|
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Article Number | 09007 | |
Number of page(s) | 8 | |
Section | Environmental and Resource Economics | |
DOI | https://doi.org/10.1051/e3sconf/202016409007 | |
Published online | 05 May 2020 |
Fictive capital and productivity of labor: technological backwardness through the monetary relations
Irkutsk state transport university, Ulitsa Chernyshevskogo 15, Irkutsk, 664074, Russia
* Corresponding author: dinets_d_a@mail.ru
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.
© The Authors, published by EDP Sciences 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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