knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

witness also a worrying slowdown in productivity growth, which predates the GFC. A related concern is that this decline in … productivity growth has coincided with persistently high inequalities of income, wealth and well-being in general. This, in turn … performance and stronger productivity growth.This contribution will argue we should have a broader and more inclusive approach to …