Profit from Crisis: Why Capitalists Do Not Want Recovery, and What That Means for America

Nitzan, Jonathan and Bichler, Shimshon. (2014). Frontline. 2 May. pp. 129-131. (Article - Magazine; English).

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http://www.frontline.in/world-affairs/profit-from-crisis/article5915462.ece

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Can it be true that capitalists prefer crisis to growth? On the face of it, the idea sounds silly. According to Economics 101, everyone loves growth, especially capitalists. Profit and growth go hand in hand. When capitalists profit, real investment rises and the economy thrives, and when the economy booms the profits of capitalists soar. Growth is the very lifeline of capitalists.

Or is it?

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Jonathan Nitzan

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Nitzan, Jonathan and Bichler, Shimshon Profit from Crisis: Why Capitalists Do Not Want Recovery, and What That Means for America. (deposited 17 Apr 2014) [Currently Displayed] Bichler, Shimshon and Nitzan, Jonathan The Enlightened Capitalist. (deposited 05 May 2014)



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EnglishArticle - Magazinecapitalist income growth distribution power unemployment United States17 Apr 201409 Apr 2016 01:35