The Economic History Podcast cover image

The Great Enrichment

The Economic History Podcast

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app