Change Quote by Joshua Clover
“I don't want to overvalue Donald Trump as some historical rupture, and to admit that I do think Trump is an indication of a fairly profound change. But the change started a while ago, and it has taken a while to appear. Global capital, particularly western capital, has been in decline since the late 60s and early 70s. The softness appeared in the 60s, the profit rate fell off the table in 1972 - 73, and there have been very uneven recoveries. This has been an ongoing weakening of the productive economy of accumulation at a global scale, of capital's capacity to expand.”
About This Quote
The current political shift reflects a long‑term decline in global capital, especially Western, which began decades ago and has gradually weakened economic expansion.
In simple terms: Capital decline has shaped recent political changes.
Key Takeaway
Recognize economic roots of political movements.
Themes
economics
politics
history
globalization
ine
Mood
analytical
critical
inquisitive
Type
academic
analytical
reflective
When to use this quote
- policy analysis
- academic research
- media commentary
- public debate
- financial planning
Key Concepts
capital cycles
structural change
political economy
historical analysis
Questions to Reflect On
- What other forces interact with economic decline?
- How can societies adapt to prolonged capital weakening?
A Different Perspective
Economic factors are not the sole cause of political outcomes.
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