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This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010530034
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010517057
Persistent link: https://www.econbiz.de/10013023068
This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...
Persistent link: https://www.econbiz.de/10013296986
As the COVID-19 pandemic wreaked havoc along Global Value Systems (GVSs) and India's domestic economic crisis deepened, the already struggling Indian Automotive sector incurred huge losses owing to both demand and supply side factors. In fact, the sector has been under significant strain over...
Persistent link: https://www.econbiz.de/10014309930
Large parts of the Netherlands saw an early rise in market traffic during the late Middle Ages already. Exchange via the market became the dominant form not only for goods, but also for land, labour and capital, and this during the course of the sixteenth century already. This contribution...
Persistent link: https://www.econbiz.de/10011107981
Because different people can develop different skills, a knowledge rich society must be an ecology of specialists; knowledge is distributed within each human brain, within each organisation and within the economic and social system; and being distributed it can grow, provided that it is...
Persistent link: https://www.econbiz.de/10011079824
This paper presents an analysis of the 2007-2010 Global Financial Crisis which started with the sub-prime crisis in the U.S. and became global very fast. It argues that the financial system in the United States is a complex interlocking structure of markets, institutions and regulators. The...
Persistent link: https://www.econbiz.de/10010868607
A new model of unemployment based on an idea of Marx is presented and used to interpret the development of the British economy from the beginning of capitalism to the present. It is shown that unemployment may be created purposely by capitalists in order to weaken the bargaining position of the...
Persistent link: https://www.econbiz.de/10005582667
The strategies globalizadoras of the capital cannot analyze starting from the present, obviating their historical dimension. The more and more frequent and indiscriminate use of the expression of this phenomenon made necessary to carry out a revision of the most significant stages in the...
Persistent link: https://www.econbiz.de/10008479418