Profit from Crisis: Why Capitalists Do Not Want Recovery, and What That Means for America (Reprint)

Profit from Crisis: Why Capitalists Do Not Want Recovery, and What That Means for America (Reprint)
Nitzan, Jonathan and Bichler, Shimshon. (2014). Real-World Economics Review Blog. 30 April. (Article - Magazine; English).

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https://rwer.wordpress.com/2014/04/30/profit-from-crisis-why-capitalists-do-not-want-recovery-and-what-that-means-for-america/

Abstract or Brief Description

Can it be true that capitalists prefer crisis to growth? On the face of it, the idea sounds silly. According to Economics 101, everyone loves growth, especially capitalists. Profit and growth go hand in hand. When capitalists profit, real investment rises and the economy thrives, and when the economy booms the profits of capitalists soar. Growth is the very lifeline of capitalists.

Or is it?

Language

English

Publication Type

Article - Magazine

Keywords

capitalist income growth distribution power unemployment United States

Subject

BN Conflict & Violence
BN Distribution
BN Power
BN Region - North America
BN Business Enterprise
BN Capital & Accumulation
BN Policy
BN Value & Price
BN Class
BN Crisis
BN Labour
BN Production
BN Growth

Depositing User

Jonathan Nitzan

Date Deposited

12 May 2014

Last Modified

08 Apr 2016 16:41

URL:

http://bnarchives.yorku.ca/id/eprint/404

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