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and the unemployed – serves not to undermine but to boost the overall income share of capitalists. And as employment … growth decelerates, the income share of the Top 1% – which includes the capitalists as well as their protective power belt … unemployment and zero job growth when these very processes serve to boost their income-share-read-power? …
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of recent developments in the distribution of wage and salary income and in key institutions and organizational … institutions in the last three decades, and the possible relationship between that transformation and the shifting distribution of … wage and salary income. The emphasis is on the United States and other advanced industrial countries, with some discussion …
Persistent link: https://www.econbiz.de/10009432539
Until the late 2000s, our work focused primarily on why capitalism should be understood as a mode of power. We argued that capital itself is a form of organized power and researched how capitalists sustain, defend and augment their capitalized power. We called our approach 'capital as power' -...
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In this paper we analyse the effects of financialisation on income distribution, before and after the Great Financial … Crisis and the Great Recession. The focus is on functional income distribution and thus on the relationship between … financialisation and the wage share or the gross profit share. The analysis is based on a Kaleckian theory of income distribution …
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