Demand-constrained versus Supply-constrained Systems*

Jan 5th 2020, Prabhat Patnaik

Unemployment and food shortage that plague the neo-liberal economies of today are indeed effects of a demand-constrained system. Essentially characterised by underutilized capacity, capitalism can never have a shortage of finance, which is artificially imposed by international finance capital.

* This article was originally published in the People's Democracy on January 03, 2020.


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