"There is no way of keeping profits up but by keeping wages down" (David Ricardo)

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There is no way of keeping profits up but by keeping wages down. -- David Ricardo, On Protection to Agriculture (1820) This essay seeks to go one step further in the context of David Ricardo's quote by arguing that totalitarian political systems offer a way of keeping profits up by keeping wages down and inversely, in a democratic system wages will have a tendency to rise and thus, profits will decline. When looking at David Ricardo's …

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