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Workers Bear Capitalism’s Costs.

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Workers Bear Capitalism's Costs.

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Workers Bear Capitalism's Costs.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

One comment

  1. @davidwilkie9551

    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]

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