People oversimplify the idea of productivity, and the basic concept is pretty simple (Productivity = Output/Input). But the modern world economy, due to technology, social forces, etc. makes the definition of “productivity” a bit more interesting …
Tag Archives: capital
Class Struggle Doesn’t Go Away, It Just Evolves
The world has changed much since Marx and Engels published their Communist Manifesto in 1848 — but it doesn’t mean they were wrong!
Is the Age of Neoliberalism Finally Over?
Neoliberalism has become an epithet in economic circles lately, but what replaces it? It’s time to move on beyond the politically charged labels we hear in election campaigns …
The Growth Game
Since the Club of Rome’s 1972 report Limits to Growth we have seen both decline and resurgence of its conclusions — what comes next in macroeconomic analysis?
What Is Money?
From simple barter economies to cryptocurrencies, wealth and capital have transformed themselves through history, but in some ways stay the same …
Free Agency: How Do We Get There?
Bargaining with prospective employers for salary and other things works better for some than others — we are not all Tom Bradys!
Please Help Me, I Don’t Understand Macroeconomics
Macroeconomics deals with the “big” issues of economic policy, but isn’t it all just built on a house of cards? Too abstract to have real meaning?
The New Geopolitics: Class, Capital, Nationalism
Ever since the first nation-states, there has been geopolitics, today competition between “great powers” is complicated by the multinational aspects of capital, confronting new nationalism.
City Cousins and Country Cousins
Published August 30, 2019 in Warp & Woof City Cousins and Country Cousins What Makes Them Different? William Sundwick The Neolithic Revolutionoccurred approximately 12.500 years ago. It was followed immediately by the urban/rural political divide. As soon as hunter-gatherers coalesced into agricultural settlements, and stopped being nomadic, they established villages, then cities. Yet, the foodContinue reading “City Cousins and Country Cousins”
Link from Fast Company
Read, and absorb message. Some facts a little questionable, but thrust remains on target. The future belongs to the left!
Warp and Woof 