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interconnection of three of the main features/outcomes of finance-dominated capitalism, namely worsening income distribution for the … regimesemerge, depending on the institutional setting of the respective model economy:the debt-led private demand boom regime (DLPD … government deficits, on the one hand, andELMregimes, on the other, depending ontherequired deleveraging of private household debt …
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in the age of financial rather than industrial capitalism? In this essay I argue that the logic of finance is the main … struggle in terms of workers and capitalists but also in terms of debtors and creditors. In financial capitalism class is …
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different regimes in modern finance-dominated capitalism, their interaction at the global scale, and then on the changes in … capitalism' with regulated finance, a more equal distribution of income and active government fiscal policies, as guide posts for …
Persistent link: https://www.econbiz.de/10014550808
investment function are estimated econometrically. The ARDL-based approach proposed by Pesaran et al. (2001) is argued to be … been declining while profit rates have shown a tendency to rise. We concentrate on one potential explanation of this …
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