Growth Without Inequality

Many years on after the 2007-8 financial crisis, most developed nations still find themselves in a state of weak recovery, high debt pile-up and distributive disparity. This book attempts to address this issue and to provide a pragmatic solution. By offering a unified framework of factors that drive growth, it shows how growth also gives rise to an array of `anomalous market forms¿ that subvert distributive equity between labour and capital. It debunks both the pure free market solution and the mixed economy approach on the ground that they fail to arrest the growth-propelling yet subversive power inherent in the `corporate forms¿ under the present capitalistic regime.