This paper investigates labor and profit share trends across Advanced Economies. It shows that Real Estate is the … primary driver of declining labor shares outside the US. Excluding Real Estate, non-US labor and profit shares have remained … relatively stable since the 1970s. By contrast, the US labor share declined and the profit share increased across virtually all …

This paper studies, within a growth model, some effects of the inequality between the profit and growth rates on the …

This article studies the ratio of the rates of profit and growth, in a growing economy, as a function of the average … productivity of capital. It is shown that, if the savings rate and also the distribution of income between wage and profit are … general rule, in a modern economy the rate of profit is higher than the growth rate …

Marxist theory …

program must also address the transformational requirements of the moment. France's Régulation Theory (RT) can be quite …

Samuelson extends the Ricardian theory of foreign trade to a model of small open economies in which countries can trade …