However, beyond the point about the problems associated with a focus on capital accumulation
and a disenfranchisement of workers in decision-making processes, there is little novelty here and the overall analysis remains relatively basic.
The paradox of slow capital accumulation
with a rising profit share may be explained by different factors: a depressed domestic market due to the stagnation of real wages; a wedge between profit share and profit rate; a reduction in relative profitability caused by the fall in the US manufacturing labour share
College educated workers do not save so that they can engage in further human capital accumulation
(e.g., go back to college).
explained slightly more than 50 percent of its growth, whereas TFP growth was positive and contributed close to 12 percent to growth.
That is, only if the other factors remain constant can we know that an increase in taxation will lead to a decrease in capital accumulation
Ball suggests that recessions sharply reduce capital accumulation
, have long-term effects on employment--largely through lower labor force participation--and may slow the growth of total-factor productivity.
But in both scenarios we see that sports spectacles have emerged as key sites of capital accumulation
in which the hyperexploitation of racialized unfree labour, a condition maintained by the state through law, generates massive profits for the few and little reward for the many.
"This creates one of the most powerful capital accumulation
machines on the globe," Schorsch said, when the Cetera deal was announced earlier this year.
The thematic chapters on Asian development challenges discuss institutions and governance, infrastructure, productivity and capital accumulation
, savings and investment, finance, and the Association of Southeast Asian Nations and investment treaties.
Our estimates are derived using WHOs EPIC model of economic growth, which focuses on the negative effects of NCDs on labor supply and capital accumulation
. We present results for the five main NCDs (cardiovascular disease, cancer, chronic respiratory disease, diabetes, and mental health).
This paper proposes a dynamic economic model with wealth accumulation and human capital accumulation
with endogenous education.
Central elements of capitalism include capital accumulation
, competitive markets and wage labor.