Work versus Capital

I am still in Europe now for a few days of skiing with some friends. Since I am also trying to get some work done at the same time, posts will continue to be super short. Today’s post is simply a suggestion to read this three part series by the Washington Post on the impact of technology on jobs. And then also read this post on Zero Hedge which focuses on a different aspect of the economy: the growth of profits in the financial sector fueled by cheap credit from the Fed. I hadn’t thought about this before but clearly that’s an important contributor to the rise of inequality. All of this explains why there is a resurgence of interest in Karl Marx.

Posted: 28th January 2013Comments

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    I couldn’t be any more startled by posts like these that corroborate exactly with my current line of thinking. It seems...
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