In the inaugural editorial for Catalyst, Robert Brenner notes that Since 1973, the economies of the advanced capitalist countries have performed ever more poorly. The growth of GDP, investment, productivity, employment, real wages, and real consumption have all experienced a historic deceleration, which has proceeded without interruption, decade by decade, business cycle by business cycle, to the present day.
The Empirical Evidence for the Brenner Hypothesis
The Empirical Evidence for the Brenner…
The Empirical Evidence for the Brenner Hypothesis
In the inaugural editorial for Catalyst, Robert Brenner notes that Since 1973, the economies of the advanced capitalist countries have performed ever more poorly. The growth of GDP, investment, productivity, employment, real wages, and real consumption have all experienced a historic deceleration, which has proceeded without interruption, decade by decade, business cycle by business cycle, to the present day.