Event Calendar - Does Capitalism Have a Future? Why are Cash-Rich Companies Being Subsidized by Tax-Poor Governments? The latest Q3 US national accounts data shows profits as a share of GDP are at historical highs.
Meanwhile household’s share is at all time lows (see chart). Will pressure from the electorate force to address this imbalance?
Lectures, talks & resources... In Praise of Leisure - The Chronicle Review. By Robert Skidelsky and Edward Skidelsky Imagine a world in which most people worked only 15 hours a week.
They would be paid as much as, or even more than, they now are, because the fruits of their labor would be distributed more evenly across society. Aftermathproject. The Crisis. How did we get here? perspectives... The Financialization of the world economy. Fault Lines...
Alternatives to 'market liberal' gobalization? Debating the future of capitalism - reading... Hudson: The Neo-Rentier Economy « Multiplier Effect. Michael Hudson is giving a talk titled “The Road to Debt Deflation, Debt Peonage, and Neofeudalism” at the Levy Institute on Friday, February 10 at 2:00 p.m.
Hudson is a research associate at the Levy Institute and a financial analyst and president of the Institute for the Study of Long Term Economic Trends. He is distinguished research professor of economics at the University of Missouri–Kansas City and an honorary professor of economics at Huazhong University of Science and Technology, Wuhan, China.