Economic growth stifled by corporate greed from "summary" of The Great Unraveling by Paul R. Krugman,University Paul Krugman
The idea that economic growth is being held back by the insatiable greed of corporate entities is a central theme in 'The Great Unraveling'. Paul R. Krugman argues that the pursuit of profit at all costs has led to a situation where the benefits of economic growth are not being shared equitably among all members of society. According to Krugman, corporate greed has resulted in a concentration of wealth and power in the hands of a few, while the majority of workers struggle to make ends meet. This unequal distribution of resources has created a vicious cycle where the wealthy continue to amass more wealth, while the rest of soci...Similar Posts
Rational calculation
As we have seen, the spirit of capitalism is deeply intertwined with the concept of rational calculation. Rational calculation ...
Critique of traditional economic theories
Traditional economic theories have long been criticized for their oversimplification of complex human behaviors and motivations...