Wage repression, inequality and economic stagnation
Analysis suggests that capital has become far too strong to sustain a robust economy and that an increase in labour bargaining power should be welcomed rather than resisted.
Reviews
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Seth Klein’s war time analogy hits the right mark in the fight against climate change
The war analogy and a close analysis of the World War Two experience provide grounds for optimism that big things can be accomplished given political will and popular support.
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Fair taxes and global capitalism
Falling effective rates of tax on corporate profits have greatly undercut government revenues, with no overall economic gain.
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Capitalism’s continued crisis
The global economy has to be seen, not so much as a set of discrete national economies trading with each other, but as a vast “macro financial” web of corporate balance sheets and financial flows.
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Pierre Trudeau, the Liberals and the social democratic left
Aivalis’ argument that Pierre Trudeau was a “Constant Liberal” is subtle, and acknowledges that organized labour and the NDP were not always consistently advocating policies well to the left of the Liberals.
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The global slump and the monetary taboo
Turner is clear that any move in this direction should be undertaken by central banks, not by governments seizing control of the printing press, and is certainly aware of the risk of inflation if directly financed deficits get out of hand.
