Hey y’all! Here we are reading and discussing Section C.3 of AFAQ this week, which is about what determines the distribution between labour and capital!

Happy reading!

There is also an EPUB version of AFAQ, courtesy of @[email protected]: here

If you’d like to join, please comment and we’ll ping you next post.

Link to last week’s read: https://lemmy.dbzer0.com/post/57667336

PS. Feedback request: How did you find last week’s reading pace? Fast/Slow/OK/etc.?

  • Jack@slrpnk.net
    2·
    24 days ago

    If the wages of workers were related to their productivity, as argued by neo-classical economics, you would expect wages to increase as productivity rose, rather than fall. However, if wages are related to economic power, then this fall is to be expected