Can Capitalists Afford Recovery? A 2018 Update

Can Capitalists Afford Recovery? A 2018 Update
Bichler, Shimshon and Nitzan, Jonathan. (2018). Research Note. October. pp. 1-2. (Article - Working Paper; English).

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https://www.academia.edu/37584264/Can_Capitalists_Afford_Recovery_A_2018_Update, https://www.econstor.eu/handle/10419/183148

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 - Working Paper

Commentary on

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).