"Karl Marx had it right. At some point capitalism can self-destroy itself. That's because you can not keep on shifting income from labor to capital without not having an excess capacity and a lack of aggregate demand. We thought that markets work. They are not working."
Showing posts with label Nouriel Roubini. Show all posts
Showing posts with label Nouriel Roubini. Show all posts
Wednesday, August 31, 2011
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