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Record W2148213500 · doi:10.3167/004058101782485601

The U.S. Economic Crisis: A Marxian Analysis

2001· article· en· W2148213500 on OpenAlexaboutno aff
Richard D. Wolff

Bibliographic record

VenueTheoria · 2001
Typearticle
Languageen
FieldSocial Sciences
TopicPolitical Economy and Marxism
Canadian institutionsnot available
Fundersnot available
KeywordsRecessionStock marketEconomicsBoomStock (firearms)DebtFinancial crisisQuarter (Canadian coin)Monetary economicsFinanceKeynesian economics

Abstract

fetched live from OpenAlex

The U.S. economy’s high-tech sector (internet, computers, telecommunications, etc.) burst its classic speculative bubble in 2000. The Nasdaq stock market lost 40 per cent of its value during the year and lost another 20 per cent in the first quarter of 2001. The Nasdaq dragged down most other stock market indicators in the U.S. Trillions of dollars in U.S. wealth vanished. The wealthiest citizens turned away from the stock market as rapid losses replaced the absurdly high gains of 1999. Other U.S. citizens watched in horror as their recent expansions of securities holdings rapidly shrank in value (also confronting many with vanished savings and reduced retirement benefits since their pensions were invested in ‘history’s greatest boom’). See Appendix 5 for the details on U.S. stock ownership patterns. Industries began to scale back their investment programs as rapid growth shifted to slow growth and recession loomed. The majority of workers slowed their spending and their accumulation of debt because of falling stock prices and because they fear a recession’s impact on wages, benefits, and job security. All these negative developments are continuing into 2001.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.914
Threshold uncertainty score0.999

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.011
GPT teacher head0.297
Teacher spread0.286 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2001
Admission routes1
Has abstractyes

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