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> Half the comments are suggesting that the investor class is just pocketing the extra wealth. That's were most economists, orthodox or heterodox (Neo-keynesia
by orwin 5y ago
> Half the comments are suggesting that the investor class is just pocketing the extra wealth.
That's were most economists, orthodox or heterodox (Neo-keynesian, MMT) agree, the capitalist class captured all productivity gains since the 70s. They disagree on the "how". And imho, you are right, they are not stealing wages, they are capturing wealth creation, it's not the same thing, and its pernicious because most of them don't understand how it works (and those who are able to try hard to not understand).
I used to think people were idiot to go after the banks ten years ago, but in fact, they were intuitively way more intelligent than a "rational" me. I just did not understood "how money works".