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Showing posts with label profit share. Show all posts
Showing posts with label profit share. Show all posts
Thursday, August 30, 2018

Profit Share

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Two Marxian economists look at rate of profit and profit share in the current context. Stumbling and Mumbling What's behind the ri...
Monday, August 14, 2017

ProMarket — The Rise of Market Power and the Decline of Labor’s Share

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The two standard explanations for why labor’s share of output has fallen by 10 percent over the past 30 years are globalization (American w...
2 comments:
Thursday, November 17, 2016

Luigi Zingales — Who Is Responsible for a Declining Labor Share of Output?

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Most researchers assume that the share of total output lost by labor went to the owners of capital. However, a new working paper shows that...
3 comments:
Thursday, June 11, 2015

James Petras — Pillage and Class Polarization: The Rise of “Criminal Capitalism”

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Is criminal capitalism a step up or a step down from crony capitalism. Obviously, for these people it's been a step up. With the long...
Sunday, March 22, 2015

Henry Blodget — Sorry, but it's not a 'law of capitalism' that you pay people as little as possible — it's an excuse

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It is not a law that they pay their employees as little as possible.   It's a choice. It's a choice made by senior managers and...
Tuesday, January 13, 2015

Mark Thoma — Full Employment Alone Won’t Solve Problem of Stagnating Wages

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I fear this trust that market forces will eventually raise wages will lead to disappointment. Inequality has been increasing for over three...
10 comments:
Saturday, March 29, 2014

Henry Blodget — Sorry, But There's No 'Law Of Capitalism' That You Have To Pay Employees As Little As Possible

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Sorry, Mr. Blodget, but it is a law of capitalism. It is the fatal flaw of capitalism along with the tendency of capital, both real and f...
3 comments:
Wednesday, March 19, 2014

Mark Buchanan — A picture makes it clear: the recession IS over

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But —  Not that many people will know it for quite some time. Inequality. The Physics of Finance A picture makes it clear: the re...
1 comment:
Sunday, March 16, 2014

Brian Romanchuk — Inequality In Savings Drives Wealth Inequality

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Paul Krugman discusses the dynamics of wealth inequality in a recent blog: Notes on Piketty (Wonkish) .... In it, he uses the standard Solo...
1 comment:
Sunday, March 2, 2014

Henry Blodget — Why The Economy Sucks: Because American Companies And Their Owners Are Greedier Now Than At Any Time In History

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If corporations and shareholders are making such gargantuan piles of money, why is the economy so crappy? The answer is that one company...
9 comments:
Monday, December 2, 2013

Sorry, Neoliberals: Inequality Is Driven by Greed, Not Technology

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A new study shows low wages are really caused by low minimum wage, weakened unions and the effects of globalization.... As Eugene Debs sa...
1 comment:
Saturday, November 2, 2013

Chris Dillow — The Wage Problem

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My chart shows wage and profit shares since quarterly data began in 1955.It shows that the wage share - the proportion of national income g...
Tuesday, October 22, 2013

Richard Wolff — Nothing’s changed: Both political parties aim to protect and reinforce the capitalist system

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The economic aim of both major US political parties is, in the end, the same: to protect and reinforce the capitalist system. The Republi...
1 comment:
Monday, October 21, 2013

Chris Dillow — The Capitalist State

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In bemoaning the coalition's lack of evidence-based policy, Simon Wren-Lewis inadvertently draws our attention to a difference between ...
Tuesday, October 15, 2013

Dirk Ehnts — If wages are falling, who buys the products?

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From the perspective of a single business it makes perfect sense to lower wages to zero if it can be done keeping all things constant. Howe...
10 comments:
Wednesday, August 7, 2013

C.P. Chandrasekhar and Jayati Ghosh — Do wage shares have to fall with globalisation?

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So the conclusion must be that — while globalisation certainly unleashes forces that reduce labour’s relative power and tends to reduce lab...
1 comment:
Thursday, July 18, 2013

David Beckworth — A Paradox of Flexibility or Central Bank Incompetence?

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Of course, Professor Beckworth, being an obedient neoliberal, doesn't meet the Keynesian objection concerning where the effective deman...
9 comments:
Sunday, June 9, 2013

Robert Oak — Productivity & Costs for Q1 2013 Shows Biggest Wage Decline on Record

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The Q1 2013 Productivity & Costs revision shows labor productivity increased an annualized 0.5%. Output increased 2.1% and hours work...
Friday, June 7, 2013

Mark Gongloff — U.S. Suffers Biggest Pay Drop On Record, As Workers Squeezed Tighter

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The economic "recovery" just keeps getting worse for the average worker: U.S. employers squeezed their employees even harder than...

Timothy Taylor — Labor's Falling Share, Everywhere

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Labor's falling share means that the "job creators" share has been increasing, as the record of rising inequality shows. So w...
3 comments: