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DOES RISING INEQUALITY & THE GROWTH OF UNPRODUCTIVE LABOUR EFFECT PROFITABILITY?

This article discusses the two different forms of unproductive labour; functional unproductive labour versus personal unproductive labour. The former is paid out of capital and the latter out of revenue. The former weighs on the rate of profit by reducing profits, while the latter weighs on the rate of profit not by reducing profits but by increasing wages as recorded in the National Accounts. Here then is the importance of distinguishing the different forms of unproductive labour.

THE USA PREPARES ITS OWN “PEARL RIVER” ATTACK.

A TALE OF RETAIL SALES AND INVESTMENT BANKS.

LETS GET PHYSICALIST WITH THE TSSI METHOD.

• analytical
• CURRENT ECONOMIC ANALYSIS
• political
• PROGRAMME
• theoretical
• TRANSFORMATION PROBLEM
• TURNOVER FORMULA
• Uncategorized

This article has been updated.

STOCK MARKETS: A case of too much icing and not enough cake.

WHY CO-OPS HAVE NO FUTURE?

AS FOR THE STOCK MARKETS, COVID-19 IS IN THE REAR VIEW MIRROR.

May unemployment article numbered

I have replaced the original article. All that is different is that the Graphs are now numbered correctly.

ARE THE MARKETS INNOCULATED AGAINST THE FALL IN Q1 PROFITS?

US & China Q1 profit analysis

TOUR OF THIS SITE.

tour of the site pdf

PUTTING PROVID BEFORE WORKERS TO REOPEN THE ECONOMY.

reversing lockdown pdf

It is now the height of winter in Africa and time to take stock of the Covid related death rate comparisons detailed in the article, to determine whether the conclusions remain valid.

Total deaths in the USA, UK, France, Germany, Italy and Spain (G6) amounted to 313,891 compared to 201,192 deaths when the article was written.

Total deaths in Africa amounted to 22,945 compared to 1591 when the article was written.

Though the ratio of deaths per head of population between the G6 and Africa has reduced, deaths per head in Africa stand at only 3.4% that found in the G6. Africa with a population of 1.3 billion has had fewer deaths than any of the G6 countries mentioned bar Germany.

The conclusions in the articles continue to hold.

https://www.worldometers.info/coronavirus/ as at 6^th August 2020.