Cold War 271; as struggle to divide and redivide world 180; economics of 1 80-181
Collective worker 135
Collectivisation in USSR, comparison with enclosures 158
Colonialism, before First World War, 94-5
Combined and uneven development 222
Coming Struggle for Power, The (John Strachey) 1 63
Commercial labour 123; non productive for Marx 125
Commodities, Marx's analysis of 21-28, 35
Commodity capital 62; mobility of 107
Communist countries, and competitive accumulation 178; during long boom, 175-9; economic fluctuations in 177-8
Communist Manifesto (Marx and Engels) on revolutionising of forces of production 36; and global dynamics of capitalism 84
Competition, and exploitation 37; and accumulation 85; military, and accumulation 117; and organic composition of capital 70-71; blind among East Asian "Tigers" 242
Competitive accumulation 1 1 6, 176, 325; and crisis of USSR 210; and relations between states 326-7; and carbon energy use 314
Computerisation in 1990s 235
Computers, depreciation of 236
Concentration of capital, under modern capitalism 28-29, 78-80, 303; and slump of 1930s 153; during long boom 169; and workings of law of value 79-80
Concentration geographical of capitals 264
Concrete labour 26
Congo-Zaire 185; civil war, and capitalist interests 270
Congress Party in India, accepts liberalisation of economy 220
Conservative Party, economic policies in 1950s and 1960s 162
Contemporary Capitalism (John
Strachey) 163
Continental Illinois bail out 233
Corey, Lewis 1 58; on unproductive expenditure and boom of 1920s 146-7, 367
Counter-cyclical measures 1 64
Crash of 2007-9 277-304, 325
Creative destruction 67,195, 233
Credit crunch of 2007-8 8, 1 6, 277, 290; Marx on credit crunches 66
Credit money 27, 66
Credit 27, 87, 61-67; expansion of by banks 64; during business cycle 65; in US in 1 920s 147; and trust 109
Creditanstalt 149
Cripps, Francis, on inability to understand how economy works 192
Crises 8, 55; inevitability of 58-60; and capital accumulation 217; and the falling rate of profit 75; role of credit in 64; bankruptcies during 61, 76; and restructuring of capitals 81; role in imposing law of value on enterprise 81; recovery from 61, 303; and mainstream economic theory 55-56, 67; underconsumptionist theories of 58; of 1937 in US 154; absence of during early post-war decades 68; after long boom 195-201, 325; in Eastern Europe 179; Poland 1970s 206; and internationalisation of system 301; and US hegemony 327
Crotty, James 185, 294; on financial interests and economic deterioration 293; on finance and real investment 295
Cultivation and climate change 317
Cycle of production 62
Dalits 348
Davis, Mike, quoted 342-3, 344-5
Davos, World Economic Forums, mood at, 2007-9 277
Dawes plan 147, 149
de Brunhoff, Suzanne, on national dimension to finance 259
Dead labour 13, 38, 41, 71, 84
Debreu, Gerard 43
Debt economy 280-292, 326
Debt 263, 278, 291, 300, 326,
Index
407