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GDI Lecture: The Myth of Deindustrialisation and the Possibilities for Development within Industrial Civilisation, Andrew Fischer, International Institute of Social Studies (ISS) This lecture draws from Celso Furtado's classic, Accumulation and Development: the logic of industrial civilisation (tr. 1983) in framing the centrality of industrialisation for understanding economic development and the fundamental differences between centres and peripheries within the ongoing evolution of the international economic order. In laying out this argument, Fischer also challenges the accepted conventions around the idea of deindustrialisation, arguing that the common measures used are better understood as reflections of ongoing advances of industrialisation rather than their opposite. In this context, the possibilities of development are very much predicated on the demand side, or more specifically, on scaling up redistributive processes within spheres of circulation, as counterweight to the rapid leaps in productivity and concentration in the productive spheres of the global economy. Redistribution in this sense needs to be understood as inherent to the development process itself; conversely, the undermining of redistribution has been at the heart of the crisis of development in the first place.