
The Great Enrichment
The Economic History Podcast
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The Socialist Argument Is That Way
Profit is extracted from the worker, according to that argument. And there's profit, but that's not the same thing as exploitation. Ino od basin as investment. Don't the two arguments kind of come together? Must they do? They do exactly. So we're back to the same machinery. It all goes through. The high road to economic development. Acording to w arthur lewis as late as 19 54, is capital accumulation,. Regardless of where it comes from. and it's wrung out.
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