The wage-profit split is a zero-sum class relationship
Evidence
Figure 9.1 shows the wage share— the portion of GDP that goes to wages (i.e., the income of the working class) as opposed to profi ts (i.e., the income of the capitalist class). In essence this relation is zerosum: what is taken from one class is gained by the other. — Clara E. Mattei, The Capital Order, 1478
Categorization
- DEFINE: Clarifies wage share as a zero-sum metric where class gains are mirrored class losses.
- XREF: connects to: Fiscal and monetary austerity jointly transfer capital accumulation costs onto working classes — Clara E. Mattei, The Capital Order: How Economists…, 774
Broader Connections
- Fiscal and monetary austerity jointly transfer capital accumulation costs onto working classes
#expands(0.80) — Clara E. Mattei, The Capital Order, 774