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Excellent analysis! I would add investment in low risk high returns ventures like software as opposed to high risk lower returns ventures like brick and mortar
by theironhammer 4y ago
Excellent analysis!
I would add investment in low risk high returns ventures like software as opposed to high risk lower returns ventures like brick and mortar factories.
- astrange 4y agoCalling things neoliberal isn’t an incisive economic analysis, it’s a way to get upvotes from people in SF who claim to be Marxists and whose parents are rich landlords. Many of the “neoliberal” things that supposedly happened did not actually happen. https://noahpinion.substack.com/p/was-there-really-a-neoliberal-turn https://noahpinion.substack.com/p/was-there-really-a-neolibe...
- VictorPath 4y agoSpeaking of Karl Marx, he made the exact same prediction as this paper does, only he did it a century and a half ago ( https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit... )