This little chart, showing the labour share of income.
Now, just imagine that equity was your thing. That the workers by hand and mind get their fair share. You should therefore be arguing for a permanent recession, shouldn\’t you?
For, as you can see, the labour share of income really does go up in recessions (for the obvious reason that profits fall).
Of course, at the time you\’re doing this the more sensible of us will be saying, yes, lovely, but shouldn\’t we be thinking about absolute numbers, not just relative?