immiserization


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immiserization

(ɪˌmɪzəraɪˈzeɪʃən) or

immiserisation

n
the process of immiserizing
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As the recipient economy being considered becomes larger in the world narcotics market, the likelihood of immiserization falls, as the terms of trade effects begin to dominate.
For economic factors, the immiserization theory postulates that rising economic levels (GDRP/capita) generate off-farm job opportunities that can prompt a shift away from reliance on forests (Rudel and Roper 1997).
Since the globalized economy suffers from persistent economic crises, except for brief periods of bubble-sustained excitement (and during these too, as employment generation falls far short of the number of job-seekers, the process of absolute immiserization does not abate), the co-existence of people's everyday hardships with the lack of any hope for alleviating these hardships through electoral means, creates disillusionment with electoral democracy and a fertile ground for fascism.
Since independence, many African states have been marked by one form of self-inflicted debility or another, manifested in social decay, immiserization of the people, planlessness, slummization, thieveries of all stripes and hues with dire consequences for development.
chaos, immiserization and injustice, rather than a better life.
Much of the horror conveyed in Political Violence lies in the instances its essays present of the immiserization that results when such institutions are either nonexistent or incapable of performing this vital role.
The immiserization argument is only one of the many complaints about the impact of international integration, but it is arguably the one with the widest currency.
The immiserization thesis, therefore, is critical to Marx, for without it there would be no objective conditions in response to which workers might be driven to overthrow the capitalist system.
Hence, a decline in the terms of trade for the host nation is sufficient to guarantee its immiserization.
Emigration to England and the shock of discovering of the deculturalization and immiserization of the working classes in the homeland of industrial capitalism was an important experiential input to the central chapters which form Part Two of the book.
Thus in this model, too, intra-household inequality increases, but not at the expense of actual immiserization of disadvantaged members of the household.
The main task will be to keep arguing that the fears of immiserization of the proletariat from freer trade with the South are misplaced, that the real problem has to do with technical change, that the policy that can help address the issue is not protectionism but rather encouragement of widespread skill formation to diffuse the benefits of the technological revolution that favors skills, and that such encouragement of environmental and labor concerns as we seek on other grounds should be done not by linking them to trade rights and access (which will inevitably be captured by protectionists and those seeking to rip off the developing countries instead of really wanting to improve and help them), but by suasion, as through subsidizing activity of non-governmental organizations.