Sunday, May 6, 2012

An Australian example of the radical injustice of (late) Capitalism

Real wages growth (1978-present): x1.2

Productivity growth (1978-present): x1.7

Corporate benefits' growth (1980-present): x14!!!

Conclusion: even in a well-performing economy like that of Australia, Capitalism sucks.

Source: The Other School of Economics.

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