Contradiction of Capitalism (Dávila-Fernández et al.)

Capital in Twenty First Century: Re-interpreting the fundamental contradiction of capitalism by Marwil Dávila-Fernández, José Luis Oreiro and Lionello F. Punzo. “This article discusses at a theoretical level Piketty’s conclusion that distribution of income and wealth tends to become more concentrated over time when the rate of return of capital is greater than the growth rate of real output…”

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