"Anglo-Saxon" capitalism has changed markedly since the Second World War

We will look at the functioning of US capitalism since the Second World War. We look at: Income distribution; Profitability and return on equit y; Taxation, inequality, poverty; Corporate behaviour: debt, investment, dividends, share buybacks; Corporate concentration; Productivity gains; Social welfare and public finances. We see significant trend breaks around the late 1970s and in the early 1980s: Skewing of income distribution in favour of profits; S harp reduction in tax rates for high incomes and profits; Rising inequality and poverty; Increase in corporate debt used to increase dividends and share buybacks; Slowdown in productivity. "Anglo-Saxon" capitalism became "liberal and financial" in the late 1970s and the early 1980s.