The transformation of capitalism towards a more labour-oriented mode is underway
I am worried about our tendency to overinvest in things and underinvest in people.
– J. Galbraith
In the past several decades the world economy experienced a sizeable rise in the share of profits/capital in national income compared to the share of wages/labour. These trends were driven by a lower role played by trade unions, by rising market concentration as well as
trends in IT and ...
... respect, the force majeure that is the coronavirus can also be seen as a clear and serious warning: the transition to new technologies will require significant austerity measures, and we must stay the course if we want humankind to survive.
Corporate Capitalism
Igor Ivanov:
Rethinking International Security for a Post-Pandemic World
The liberalization of the world economy that was an integral part of Reaganomics and Thatcherism opened up unlimited opportunities for corporations to explore and conquer the global economic space. According to the United Nations Conference on Trade and Development (UNCTAD), between ...
