Crisis and Distribution

Abstract

My basic thesis here is simple. A sharply growing disparity between the real wages paid to workers and the goods and services produced by workers for their employers eventuated in the capitalist crisis plaguing the U.S. since 2007. The crisis, in turn, has widened the disparity. Worsening economic inequality was both a cause and is an effect of the crisis, one that deepens and lengthens the crisis.