Friday, December 20, 2013

Real average family income growth in the last decade

Yep, it went all to the top. But not just the 1%. More like the 0.01%! If you take a 10% real increase (meaning 1% per year) it would be the 0.5%.

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...