Meaning
In cultural terms, economic restructuring has been associated with postmodernity as its counterpart concerning flexible accumulation. Additionally, the term carries with it three core themes: historical, radical rupture into post-industrial economic order; priority of economic forces over social/political forces; and structure over agency where the process is independent of human will, as it takes place according to economic logic (Logan & Swanstrom 1990). In addition, economic restructuring demonstrates the increasing complex and human-capital intensive modern society in Western nations.
Read more about this topic: Economic Restructuring
Famous quotes containing the word meaning:
“Several classical sayings that one likes to repeat had quite a different meaning from the ones later times attributed to them.”
—Johann Wolfgang Von Goethe (1749–1832)
“Experience has taught me that the shallowest of communist platitudes contains more of a hierarchy of meaning than contemporary bourgeois profundity.”
—Walter Benjamin (1892–1940)
“A moment in time but time was made through that moment: for without the meaning there is no time, and that moment of time gave the meaning.”
—T.S. (Thomas Stearns)