Can Capitalists Afford Recovery? A 2018 Update

Arbeitspapier

...Looking forward, the prognosis for capitalists seems negative. Over the last few years, unemployment has fallen sharply, and if the predictive power of our chart remains intact, the capitalist income-share-read-power is bound to contract further, raising the ante for a prolonged accumulation crisis. Eventually, though, capitalists are likely the resolve their CasP crisis, as they have done repeatedly for nearly a century, by offloading it onto the underlying population in the form of rising unemployment.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Research Note

Classification and Topics

• Classification: Wirtschaft ; Capitalist Systems: Political Economy ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
• Subject: income distribution ; power ; sabotage ; unemployment ; crisis

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Nitzan, Jonathan ; Bichler, Shimshon
• Event: Veröffentlichung
• (who): The Bichler and Nitzan Archives
• (where): Toronto
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/183148
• Last update: 10.03.2025, 11:41 AM CET