Monday, October 3, 2016

The infamous stylized facts of capitalist motion circa Ike days ...gonzo end !


The capitalist production system's
 long run features ?

Wage share steady

 Profit share steady

Rate of Return to capital  steady

Wages rates and  hourly  value added rates rising in tandem

Social and liberal democrat golden brick road
Class harmony
Technical innovation
The road to social satiety

Dashed like porcelain cups by the Thatcher - Reagan counter revolution