Dimensions of Development and ‘Welfare’ – An Analytical Tool

The following emeges from and brings together different views on developmet, focussing on the political economy of processing structures, however taking also sociological, psychological and “governance” aspoects into account. Importantly, it is not least bound to a specific understanding of the relationality in which social processes and the “environment”.

An elaborated proposition will be published under the title “European Policies of Social Inclusion – Fatality of Good-Will”. A major reference for the elaboration had been the teaching of the MA in International Economy and Business at the Faculty of Economics at Corvinus University, Faculty of Economics, Department of World Economy. Thanks go to the students and some inspiring debates during the course work.

focus of the productive process


rationalisation/ technicisation

Demand-supply-side economics

matrix 1: Value Generation

high-value production founded in informational labour

high-volume production based in low-cost labour

redundant producers, reduced on devalued labour

production of raw material founded in natural resources

matrix 2: Resource Reference

autocentric development

extraverted development

relative economic sustainability


matrix 3: Patterns of Growth

monetary policy i.w.s. as means of social integration

monetary policy i.w.s. as means of securing international sovereignty



matrix 4: Socio-Political System and Sovereignty

This taken together provides an analytical tool for looking at development and the welfare system

resource reference

value generation

patterns of growth

socio-political system and sovereignty

matrix 5: welfare system – analytical tool

An extension can be achieved by considering that this methodological framework is not necessarily limited to capitalist societies. Instead, it is possible to apply the same approach also to non-(“pre and Post”) capitalist societies, focusing on power-relationships (with the two dimensions of property and control).

capitalist mode of production

non-capitalist mode of production

control of means of production
control of processes of production
control of products
control of the distribution of products

matrix 6: Dimensions of Property

[1]            Degree to which the economic process is focussed on extended reproduction

Un pensiero riguardo “Dimensions of Development and ‘Welfare’ – An Analytical Tool


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