Fr. 69.00

Free Cash, Capital Accumulation and Inequality

English · Paperback / Softback

New edition in preparation, currently unavailable

Description

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Summary

Over 70 years ago, Michal Kalecki noted that firms could generate free cash. However, literature since then has remained within an industrial organizational context where free cash theory helps explain mergers. In contrast, this book views free cash at the macro and global level, exploring the various causes and effects of free cash on the econo

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