There is a considerable amount of literature which points out the fact that globalization appeared at the beginning of 1980s, following neo-liberalism that had become standard paradigm in mainstream economics and financial globalization give way to redistribution of income globally. According to neo-liberal paradigm that takes its root out of Smithian and Ricardian tradition, there is a solid conflict of interests between labor and capital, and in the final analysis an increase in profit can only be realized with a fall in wage. The economic and financial crises that capitalist world has faced for last thirty years have deepened the so-called conflict and have redistributed income. The aim of this paper is to investigate the impact of neo-liberal policies on the labor share in national income in selected OECD countries. Evidence suggests that neo-liberalism has made the labor share in national income fall and redistributed income at the expense of labor income in the selected OECD countries
there is a significant amount of entrepreneurs which points ut the fact that globalization appeared at the wind of 1980s following neoliberalism that has become the standard paradigm in mainstream economics and financial globalization give way to redistribution of revenue abroad according to the neoliberal paradigm that takes its root ut of smithian and askrdiancent there is a solid conflict of experiments and capital and in the final analysis an increase in profits can only be realized with a fall in fee of economic insurance and financial financial exchange in the national share in the country where the country has chosen by the country in the conflict of the country in the country in the country of interest in the country of interest in the country in the country in the country of interest in the country in the country of interest in the country in the country in the country in the country in the country of interest in the country of interest in the country of latvia in the country in the country in the country in the conflict of interest in the country of interest in the country of interest in the country of latvia has changed in the country of interest in the country of interest in the country in the country in the country of interest in the country of interest in the country in the country
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