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The aim of this book is to broaden our understanding of technological change by adopting the concept of technological retrogression. With reference to concrete cases of technological retrogression a new conceptual framework is developed. The book’s exposition aims at contrasting retrogressive economic dynamics of technological change to progressive dynamics as developed by Schumpeter. At one extreme in the dimension of technological change, capital-strong production units innovate their way out of the recession through technological progress, adopting more advanced production equipment that improves productivity. Following Schumpeterian progressive dynamics, virtuous spirals of growth result. At the other end we find the producers that resort to technological retrogression, which secures survival, but which result in low labour productivity, diminishing the possibility of capital accumulation and thus modernization that could form an escape from poverty. Vicious spirals of decline result, which is the book’s main object of analysis. The theory is, thus, a contribution to understanding the anatomy of recessions.
This special issue of Trends in Automotive Research contains papers contributed to the Regional Conference on Automotive Research (ReCAR) , held on the 14 and 15th December, 2011, in Kuala Lumpur, Malaysia. The conference was organised by the Centre for Automotive Research (CAR), Faculty of Engineering and the Built Environment, Universiti Kebangsaan Malaysia. Volume is indexed by Thomson Reuters CPCI-S (WoS).
The essays in this book were written "against the grain" of much of the ideology of the past 50 years, that might be summarized with the term "middle-class radicalism." While such middle-class radicalism may have seemed to overlap with the Marxian project of communism, they are as ultimately opposed as Stirner and Bakunin on one hand and Marx and Luxemburg on the other.