Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.
The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
Karl Marx Addenda, "Relative and Absolute Surplus Value" in Economic Manuscripts (1861–63).
The transition to a low carbon economy by 2050 will involve irreversible step-changes in the cultural, economic and natural domains, with qualitatively different socio-economic configurations before and after. COMPLEX will develop new modelling tools for managing step-change dynamics by working across a wide range of spatio-temporal scales, and integrating the knowledge of many stakeholder communities, for example in respect of land-use change driven by carbon-related technologies.
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