accumulation and economic growth are two sides of the same process. Accumulation generates growth and growth fuels accumulation, so … it seems bootless to ask whether capitalists want growth. Growth is their lifeline, and the more of it, the better it is … growth decelerates, the income share of the Top 1% – which includes the capitalists as well as their protective power belt …

change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …

Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …