'capital deepening' in The Wealth of Humans: Work and its Absence in the Twenty-First Century

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where the capital per worker is increasing in the economy (differs from capital widening, as the latter sees capital increase while the labour force also increases so capital per worker is constant)

when an economy like China grows from extreme poverty to something like middle-income status is 'capital deepening', or the application of more capital per worker

—p.138 Social Capital in the Twenty-First Century (118) by Ryan Avent

notable

7 years ago

capital deepening (en)

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

capital deepening (en)

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent