WebJun 2, 2011 · What passes for progressive economic doctrine today is a haphazardly updated version of mid-century Keynesianism that has largely failed to come to terms with the realities of the globalized, innovation-powered, 21st century economy in which we live. Just as classical liberal economics was unable to respond to the challenges of the Great ... WebObviously rent is not limited to raw materials: it may result from real estate and the financial sector, high technological industries bestowing a monopoly position on private actors …
Economic progressivism - Wikipedia
WebJan 22, 2014 · I’ve described on a number of occasions how tight-money advocates are constantly shifting their arguments — it’s about inflation; no, it’s about sound market functioning; no, it’s about financial... WebJul 14, 2024 · The Fiscal Deficit, Modern Monetary Theory and Progressive Economic Policy. Modern Monetary Theory or MMT has crept in from the academic margins to become an influential doctrine in progressive policy circles in the United States. Both Elizabeth Warren and Bernie Sanders drew on the ideas of MMT to shape their ambitious … make this page full screen
Class, Rentier Encyclopedia.com
WebJan 27, 2024 · The transformation of academic economic theory under today’s finance capitalism has reversed the progressive and indeed radical thrust of the classical political … WebJan 11, 2012 · Giovanni B. Pittaluga, Elena Seghezza, The role of Rentiers in the stabilization processes of the 1920s, European Review of Economic History, Volume 16, Issue 2, May 2012, ... The literature has underlined the existence of widespread economic regularities in the stabilization processes of the 1920s. This paper shows that political regularities ... WebApr 19, 2024 · Pasinetti’s fair interest rate has the clear advantage that it explicitly links rentiers’ income with production and employment. In fact, at any level of the real interest rate (with inflation being a monetary phenomenon), the share of income of the rentiers depends on the growth of labor productivity, which in turn depends on effective demand. make this night last forever