Richard Murphy says:
January 11 2021 at 1:13 pm
I think he is wrong on that
More important, he was wrong to give up on freedom of movement
When capital can roam and labour cannot the return to labour will always fall
That’s the same mechanism by which some of the burden of corporation tax falls upon labour, not capital. But of course the P³ insistence is that the burden of corporation tax never does fall upon labour.
Odd that how the same thing differs in effect according to which hole in the stump is being looked out of.