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Feb 26, 2018 · There remains a concern that ultimately, a capitalist economy will collapse without growth. I recently published new research that suggests a different view – that a post-growth economy...
Jul 11, 2023 · For Keynes, financial rentiers—capitalists who extract interest payments without contributing to economic development—are little more than byproducts of a socially constructed scarcity of capital.
Jul 2, 2021 · Marx and many of his less radical contemporary reformers saw the historical role of industrial capitalism as being to clear away the legacy of feudalism—the landlords, bankers, and monopolists extracting economic rent without producing real value.
- Michael Hudson
- 2021
Jun 21, 2016 · In the pages that follow, I will demonstrate that both neoclassical growth theory and empirical evidence suggest that capitalist economies do not require endless growth but are rather much more likely to evolve toward a steady state once consumption demands of the global population have been satisfied.
Mar 12, 2019 · Guy Standing and others argue that today’s capitalism is increasingly shaped by rentiers. This takes multiple forms, including extreme intellectual property laws, a financialized economy, and “platform capitalism,” or corporations which profit off of the capital of others, such as Airbnb.
May 16, 2018 · There remains a concern that ultimately, a capitalist economy will collapse without growth. I recently published new research that suggests a different view – that a post-growth economy could actually be more stable and even bring higher wages.
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Aug 9, 2023 · A recent report by the Royal Bank of Canada said higher interest rates disproportionately hurt poorer and younger people, such as renters and first-time homebuyers.
