Advanced economies are slowing with increasingly intense recessionary cycles
Evidence
Whether or not the factors more favourable to further expansion and consolidation in the contemporary dynamics of advanced capitalism which we have enumerated above will help the system to overcome its structural distortions is yet to be seen. — Aijaz Ahmad, In Theory, 592
Categorization
- XREF: connects to: Advanced economies have faced downward economic and productivity growth since the 1970s — Nick Srnicek, Platform Capitalism, 27