Accelerationism

Quick meaning: Accelerationism is a noun meaning (economics) The theory that excessively low unemployment accelerates inflation.

Meaning

(economics) The theory that excessively low unemployment accelerates inflation.

More Meanings

1. The idea that either the prevailing system of capitalism, or certain technosocial processes that historically characterised it, should be expanded and accelerated in order to generate radical social change.

Example Sentences

The new accelerationisms instead concentrate primarily on constructing a conceptual space in which we can once again ask what to do with the tendencies and machines identified by the analysis […]

For the period through 1984, there is weak support for accelerationism, though the linear fit is mainly due to the disinflationary impact of high unemployment, which no one disputes, not the inflationary effects of prosperity.

Accelerationism was the most fundamental transformation of the Phillips approach into an expectational format. It hypothesized that inflation will become increasingly rapid in any maintained situation in which unemployment lies below some critical, or “natural,” rate.

Meanwhile, over the same half century, almost entirely unnoticed by the media or mainstream academia, accelerationism has gradually solidified from a fictional device into an actual intellectual movement: a new way of thinking about the contemporary world and its potential.

Word Forms

• accelerationisms

Related Words

Related dictionary entries include accelerationist, turbo-capitalism, decelerationist, turbocapitalism, maximalism, anticapitalism.

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