Can Energy Rents-Based Wages and Profits Increase in the Future?
Bernard C. Beaudreau ()
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Bernard C. Beaudreau: Université Laval
Chapter Chapter 9 in Energy Rents and Income Distribution, 2025, pp 153-160 from Springer
Abstract:
Abstract The productivity slowdownproductivity slowdown put an end to thirty years of per labor/capital increasing energy rentsenergy rents (1945–1975), raising the question whether anything or anyone can reverse what has been a half-century of anemic productivity growthproductivity growth (1975–2025). This chapter discusses these issues against the backdrop of the energy-organization approachenergy-organization approach to material wealth. The prognosis it offers is essentially negative, pointing to the limits of acceleration-based productivity and output growth.
Keywords: Future wages and profits; Energy deepening; Distribution (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-05862-1_9
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DOI: 10.1007/978-3-032-05862-1_9
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