by Summary:
Workers Bear Capitalism's Costs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Workers Bear Capitalism's Costs.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| Workers Bear Capitalism's Costs. |
Isn't a "worker" very similar to a business contractor? So a worker is trusting that they can borrow a position in a capital investment scheme to make a salaried profit (?). Just like a small business borrow from a bank, but takes almost the entire risk of success or failures, and that is a particular form of financial speculation on the part of the bank, Capitalism, because it's not shared capital management of the total social risk as was done before fiat money? [I Don't Know the technical terminology, but it is a familiar experience of legalised robbery]