I would phrase it somewhat differently: "It's the distribution, stupid."The social and political problems arise from grossly asymmetrical distribution and the ensuing distributional effects economically through highly asymmetrical income and wealth.Occasional Links & CommentaryIt’s the profits, stupid!David F. Ruccio | Professor of Economics, University of Notre Dame
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Mike Norman considers the following as important: distribution, distributional effects, inequality, profit
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I would phrase it somewhat differently: "It's the distribution, stupid."
The social and political problems arise from grossly asymmetrical distribution and the ensuing distributional effects economically through highly asymmetrical income and wealth.
Occasional Links & Commentary
It’s the profits, stupid!
David F. Ruccio | Professor of Economics, University of Notre Dame