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Adkins et al provide a bit more of a sober take in "The Asset Economy", describing a shift in the dynamics of capitalism from classes being polarized by the own
by eli_gottlieb 3y ago
Adkins et al provide a bit more of a sober take in "The Asset Economy", describing a shift in the dynamics of capitalism from classes being polarized by the ownership and sale of commodities (most people's only commodity being labor-power) to that of assets (with many people owning real-estate and therefore having a stake in continued asset inflation).
https://www.wiley.com/en-us/The+Asset+Economy-p-9781509543458 https://www.wiley.com/en-us/The+Asset+Economy-p-978150954345...
- panick21_ 3y agoWow didn't know it was knew that people owned land. Truly something we only just introduce in the last two decades.
- eli_gottlieb 3y agoMost households being property owners is actually a new development of the post-WW2 social order.