New essay from my month at @ieadeparis.bsky.social where I explore compositional inequality in K and L and its links to capitalism’s big challenges (climate, politics, technology, inequality). Plus, a fresh take on Michal Kalecki’s full-employment argument:

paris.pias.science/article/capi...

Distributional varieties of capitalism through the conceptualization and measurement of compositional inequality. What do we know, and what’s next?

New open-access paper out now in ROPE👇

Link: shorturl.at/WDT20

In my new WD paper, I analyze the global capital and labor income distributions, highlighting a capitalization process that benefited the global middle class at the start of the 21st century.

📄 Open-access paper: doi.org/10.1016/j.wo... 

📊 Database & description: www.mranaldi.com/research