Thursday, January 19, 2012

how might corporations pareto improve a modified greenwald stigilitz system ??

do we need to add labor income houses to the GS model
b4 we can see this all clearly ??

in the game of capitalism
the key sharpener is to substitute exploitation rate
for  the wage workers
   savings rate no ?

capping lancaster with godwin
hewre with  GS  model we want to establish the various rent pockets
drained off by ceratin plausible social institutions like ...capitalist firms
 that get  "above " simple direct producer market exchange etc

GS explicitly point to state actions
but surely state power is not most often let alone always necessary
to tap a rent pocket