“Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.” Has BeensEconomyTheoryGrewBenefitsCapitalismWorkersCapitalistCould Have Been Author:Kenneth Rogoff
“There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.” YearsHas BeensEndsCountryPastMovingRichLaborFactorsWealthyCapitalistDeclineGet RichMoving Ahead Author:Kenneth Rogoff