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- W2582473996 abstract "From 1970 to 2010, public investment in the US economy outweighed the private variety by about 1.8 to 1. A stand-alone, self-generating “private-sector economy” is an ideological construct, not an analytical one. Most of this investment went to create, alter, and maintain a modern labor force. This reflects the world-historic shift in the late nineteenth century in Europe, North America, and Japan as the “spontaneous” generation of their labor forces gave way to producing and shaping them via massive, public investment in, especially, education and training. Bizarrely, modern Economics “science” conceives of the labor force as an “unproduced input” into the economy—a free gift of nature! Supporting data tables are appended at the end of the chapter." @default.
- W2582473996 created "2017-02-03" @default.
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- W2582473996 date "2017-01-01" @default.
- W2582473996 modified "2023-09-22" @default.
- W2582473996 title "We Invest More than They" @default.
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- W2582473996 doi "https://doi.org/10.1007/978-3-319-50149-9_1" @default.
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