Schumpeter, Joseph 10; and creative destruction 1 94-5; and long waves 373
Scientific American warning on peak oil 318
Second Cold War and arms spending 234
Self employment, in Africa and India 339
Self-expansion of capital 75
Selyunin, Vasily, quoted on accumulation and consumption in USSR 204
Semi-colonies 185
Sen, Abhijit, analysis of India poverty figures 252
Serge, Victor 349
Services and industry, false distinction 333
Services, breakdown of category 334; central to capitalist production today 334; productive and unproductive 121
Shaikh, Anwar, and Tonak, Ertugrul Ahmet 126, 195-7
Shaikh, Anwar, on mainstream economics and crises 56; on values and prices 49; on distribution of welfare costs between labour and capital 174
Shanghai 243
Share of national income going to labour in 1990s, 1980s and early 2000s 236-7
Shareholder value, theories of 294; criticised 295
Shiv Sena 345
Simpson, Derek, praise for Gordon Brown 303
Simultaneous equations, error in using them with economic processes through time 7 4
Singapore 218, 221, 242
Skidelsky, Robert, on Keynes 162
Slave labour in USSR under Stalin 158
Slump of 1930s 144-168, 325; different explanations 149; rate of profit and rate of exploitation 151; and concentration and centralisation of capital 153; how capitalism got out of it 303
Slump, beginning in USSR in late 1989
209; in former Eastern Bloc in
1990s 224-5
Smith, Adam 12, 43, 46, 55; on value and labour 30; on origins of profits in labour 29; ambiguities in theory of value 22, 30, 4 7; theory of falling rate of profit 69; productive and unproductive labour 121
Smoot-Hawley Act 145; not to blame for world slump of 19 30s 302
"Social contract", myth of during long boom 164, 172
Social Democracy, ideology 1 64
Social exclusion, ideological character of term 342
Social wage 13 7
Socialisation of next generation of labour power 173
"Socialist societies" of old Eastern bloc as state capitalist 1 1 8
Socially necessary labour 46
Socially necessary labour time 25
Soil fertility 82; falling 321
Solidarnosc 206
Soros, George, on scale of crisis of 2008-9 300
South Africa, strikes of 2007 343; attacks on Zimbabwe refugees 345
South Korea 221, 242; economic growth under Park Chung Hee dictatorship 1 88; per capita growth in 1960s 189; "economic miracle", IMF on 242
Soviet crisis of 1989-91 207-11
Soviet-type economies, dynamic of 202
Spain 218
Speculation, in late 1920s US 147; in China in mid 2000s 249; in bubbles of 1990s and 2000s 214, 249, 278, 281, 283, 285, 322
Sraffians 23
Stalin, on "catching up" with West 158; death 176
State apparatuses, loss of cohesion in the face of different interests of different capitals 268
State bureaucracy, as agents of capital accumulation 1 14; class character of 1 12
State capital, in Capital Volume Two 1 15
Statecapitalism, 104, 159; economic dynamic 118; GermanyandJapanin 19 30s 15 5; during long boom 170; militarised 172;Ja panese directed to globalmarketcompetition 1 71; Stalinism and Keynesianism as its ideological correlates 302; and limits to accumulation within a national economy201,206; and state capitalists 1 15-19
420
Index