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Add comment on:Asset Distribution and the Financial Crisis
Engelbert Stockhammer and Carsten Rehbein
A perverse system arose out of the interaction of deregulation of the financial system and polarization of asset distribution. A reform of the financial system can only be part of the repair of the system. Wage policy is another area that needs repair. When wages grow again with productivity, an economic balance will be first possible that manages without speculative bubbles and without increasing budget indebtedness.
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