by Summary:
From Shimshon Bichler and Jonathan Nitzan Despite the global dominance of capitalism, growth rates continue to trend downward. Mainstream economists blame the slowdown on various ‘distortions’, but as this animation by Elvire Thouvenot shows, the reality is quite different. Capitalists seek not more income per se, but greater power-through-redistribution, which they achieve by strategically stymying growth. https://www.youtube.com/watch?v=gTpanudMToA
Topics:
Editor considers the following as important: Uncategorized
This could be interesting, too:
From Shimshon Bichler and Jonathan Nitzan Despite the global dominance of capitalism, growth rates continue to trend downward. Mainstream economists blame the slowdown on various ‘distortions’, but as this animation by Elvire Thouvenot shows, the reality is quite different. Capitalists seek not more income per se, but greater power-through-redistribution, which they achieve by strategically stymying growth. https://www.youtube.com/watch?v=gTpanudMToA
Topics:
Editor considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Machines and tools
Eric Kramer writes An economic analysis of presidential immunity
Angry Bear writes Protesting Now and in the Sixties and Seventies
Lars Pålsson Syll writes The non-existence of economic laws
from Shimshon Bichler and Jonathan Nitzan
Despite the global dominance of capitalism, growth rates continue to trend downward. Mainstream economists blame the slowdown on various ‘distortions’, but as this animation by Elvire Thouvenot shows, the reality is quite different. Capitalists seek not more income per se, but greater power-through-redistribution, which they achieve by strategically stymying growth.