What Branko Milanovic thinks about capitalism

@branko-milanovic · 19 positions · On ppll ↗

Economist specialising in global income inequality; formerly lead economist in the World Bank research department, now at the CUNY Graduate Center.

Branko Milanovic did not write this page.

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Only Branko Milanovic on capitalism. See everyone on capitalism

2 dated positions, 2024 to 2026, in their own words. Our reading of what Branko Milanovic has said — not written or endorsed by them.

2 positions so far — this page is not yet offered to search engines.

1. 14 Sept 2026, 08:07 UTC

   Our readingCapitalists' incomes are likely to rise because wealthy people own AI companies, so a rising capital share means higher income inequality.

   Their wordsIncome of capitalists is likely to increase because AI companies are owned by actual people and these people, like shareholders in general, are well-off. Thus the rise in the capital share also means rising incomes of the rich and higher inequality of income.

   ↗Three types of literature regarding the world of AIbranko2f7.substack.com

2. 2 years earlier

3. 22 Aug 2024

   Our readingThe fall of communism removed the reason Western capital had to accommodate labour.

   Their wordsWith the declining appeal of communism and then its eventual fall, there was much less need to acquiesce to labor’s demands.

   ↗The end of the great order under the Heavenbranko2f7.substack.com 1st of 2 in this piece