I am not sure whether I would draw exactly the same conclusion about the validity of Picketty’s. However, this article summarises an important analysis of what big corporations, in particular, do with the surplus created by workers (after their wages have been paid). If one looks at what is happening with corporate investment in Australia you have to wonder what the research would show up here. My hunch is, much the same. Does anyone know of this sort of analysis being done for Australian corporations?
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See AllRules and regulations: International Workers' Day of Mourning April 28th From time to time I have been told I was pretty handy with the old verbal judo when representing union members against an emplo
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If you are interested, follow this to a single-sheet summary of submissions to this year's Annual Wage Review. The range is from 0 to at least 5%. https://www.icloud.com/iclouddrive/049MPgIzXHjJ1hLQba
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