Summary:
Are the faults of capitalism curable, or are they instead symptoms of a chronic disease? This is the question posed by Martin Wolf: What we increasingly seem to have…is an unstable rentier capitalism, weakened competition, feeble productivity growth, high inequality and, not coincidentally, an increasingly degraded democracy. There is much to admire in this piece. But I fear it understates the problem with capitalism.... Falling rate of profit?Stumbling and MumblingThe trouble with capitalismChris Dillow | Investors Chronicle
Topics:
Mike Norman considers the following as important: capitalism, Martin Wolf, Michael Roberts, Monopoly, profit rate
This could be interesting, too:
Are the faults of capitalism curable, or are they instead symptoms of a chronic disease? This is the question posed by Martin Wolf: What we increasingly seem to have…is an unstable rentier capitalism, weakened competition, feeble productivity growth, high inequality and, not coincidentally, an increasingly degraded democracy. There is much to admire in this piece. But I fear it understates the problem with capitalism.... Falling rate of profit?Stumbling and MumblingThe trouble with capitalismChris Dillow | Investors Chronicle
Topics:
Mike Norman considers the following as important: capitalism, Martin Wolf, Michael Roberts, Monopoly, profit rate
This could be interesting, too:
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Are the faults of capitalism curable, or are they instead symptoms of a chronic disease? This is the question posed by Martin Wolf:Falling rate of profit?What we increasingly seem to have…is an unstable rentier capitalism, weakened competition, feeble productivity growth, high inequality and, not coincidentally, an increasingly degraded democracy.There is much to admire in this piece. But I fear it understates the problem with capitalism....
Stumbling and Mumbling
The trouble with capitalism
Chris Dillow | Investors Chronicle