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Rethinking Capital | Paul Krugman, Stephen Dorrell, Alex Callinicos

Philosophy For Our Times

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Capitalism Is a Social Relationship

Er paul is engaged in a debate about what's called secular stagnation. The roots of this relatively slow growth lie deep in capitalism as a system. Mark understands capital, not in the way in which main stream economists do, as an asset of some kind. And its at the minute, capitalism is struggling with precisely chronic problems of profitability - i think explain the secular stagnation.

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