Can Capitalists Afford Recovery? A 2018 Update

Can Capitalists Afford Recovery? A 2018 Update
Bichler, Shimshon and Nitzan, Jonathan. (2018). Real-World Economics Review Blog. 26 October. pp. 1-2. (Article - Magazine; English).

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https://rwer.wordpress.com/2018/10/26/can-capitalists-afford-recovery-a-2018-update-2-charts/

Abstract or Brief Description

. . . Looking forward, the prognosis for capitalists seems negative. Over the last few years, unemployment has fallen sharply, and if the predictive power of our chart remains intact, the capitalist income-share-read-power is bound to contract further, raising the ante for a prolonged accumulation crisis. Eventually, though, capitalists are likely the resolve their CasP crisis, as they have done repeatedly for nearly a century, by offloading it onto the underlying population in the form of rising unemployment.

Language

English

Publication Type

Article - Magazine

Keywords

crisis income distribution power sabotage unemployment

Subject

BN Labour
BN Macro
BN Power
BN Region - North America
BN Capital & Accumulation
BN Class
BN Crisis
BN Distribution

Depositing User

Jonathan Nitzan

Date Deposited

05 Nov 2018 17:44

Last Modified

05 Nov 2018 17:46

URL:

http://bnarchives.yorku.ca/id/eprint/563

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