Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Globalcrisis Unsereuni
1. Global crisis and the policy reaction in Europe: Can policy save capitalism from itself? Full paper: http://www.wu.ac.at/arbeitsmarkt/staff/onaran/research/onaran_crisiseurope_fi1.pdf Özlem Onaran
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6. WAGE SHARE ↓ ( total wage bill/GDP) Profits are too high, and wages are too low: realization crisis Further increases in top income share and wage differentials: US, UK, Germany, Netherlands...
7. Wage share & unemployment in the Euro-area Wage share=total wage bill/GDP=wage*#employees/GDP=wage/productivity
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19. Rate of profit (total economy, 1960-2009) back to or higher than late 1960s AMECO EC DG Finance, net return on net capital stock
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21. Financialization & the distribution of profits ‘ downsize and distribute’ instead of ‘retain and reinvest’ Onaran 09 /