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Neo-rentier class

Der Ökonom Michael Hudson beschreibt die Rückkehr der Rentiers in den letzten 40 Jahren.

To defend this economic counter-revolution, the National Income and Product Accounts (NIPA) and Gross Domestic Product (GDP) measures now used throughout the world were inspired by opposition to progressive taxation and public ownership of land and banks. These statistical measures depicting finance, insurance and real estate as the leaders of wealth creation, not the creators merely of debt and rentieroverhead.