How do we distribute what we can produce? And does the distribution of wealth itself impact productivity?
Tag: distribution
A summary of this section of the blog.
A summary of Lazonick’s work showing how corporate buybacks of shares have artificially inflated share prices, thereby boosting executive pay, while depriving the real economy of funds for investment in productivity.
Huge concentrations of wealth have distorted and destabilised financial markets, which now need to be reformed.
A summary of Pozsar’s conclusions on what we need to do about wealth inequality destabilising our economy.