[lbo-talk] revisiting the FROP and the Brenner hypothesis

Mike Ballard swillsqueal at yahoo.com.au
Sat Apr 4 08:06:15 PDT 2009


Doug wrote:

Growth averaged 2.7% from 1930-1940. The average U.S. growth rate in the 1910s was 1.4%; in the 1920s, 2.9%.
>From 1900-65, it averaged 3.5%; from 1965-2008, 3.1%. For the high
neoliberal era, 1982-2008, it averaged 3.2%. Growth has slowed since 2000, yes - average 2000-2008, 2.2%. But really. If the long slowdown began more than 40 years ago, this is really a silly periodization.

****************************************** When you use "growth" along with these percentages, do you mean growth sales of goods and services; growth in output per worker or some other sort of growth?

Mike B)

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