Dr. Marco ObertI

Back to the 1970s? Critical Raw Materials and the risk of a long structural crisis

The creation of interdependencies has been a long standing feature in the history of modern capitalism. In good times, such relationships of dependence are considered to be largely unproblematic and ideologically justified by the Ricardian paradigm of comparative advantage. However, the dynamism of global capitalism and especially of its politics systematically lead to some critical…