Is There a Global Manufacturing Over Capacity?

The long term stagnation of the us. Economy in conditions of global manufacturing over capacity has led powerful elements of the american ruling class to abandon their interest in productive investment and turn instead to the upward redistribution of wealth by political means. You mention that you sympathetic to cedric's argument that around stagnation. But i think this account ar not mutually exclusive. So yo can have the brinarian account emphasizing er over capacity. And thinkers like joanna rigi would argue precisely, that tat te just be move in long cycles. The next oll thing will be ritan.

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