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The Study of CАpitАl System: CАpitАl АccumulАted Аt А FАster Speed
Paperback
Publisher: Independently Published
Published: May 8 2022
Pages: 112
Weight: 0.26
Height: 0.23 Width: 5.00 Depth: 8.00
Language: English
Clarke shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted . But we have not modified the deep structures of capital and . The main driver of inequality - the tendency of returns on capital to exceed the rate of economic growth - today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Clarke says, and may do so again.
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