The law of the tendential fall of the general rate of profit in capital Bd.3

27 Jul , 2020  

In the opinion of Georgios Stamatis, Marx, when presenting the law of the tendency of the general rate of profit, equates value and price, among other things in order to disregard the effect of the so-called Wicksell effects (including the observation of the relationship between the rate of profit and ...

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Documentation, EconoFiction

Ernest Mandel’s contribution to Economic Dynamics

12 Sep , 2017  

Ernest Mandel’s contribution to  Marxist economic theory, made in the late sixties and early seventies, was in its time without equal. He rescued from oblivion the most central concept available to us today in explaining the dynamics of uneven development and crisis  – Marx’s concept of surplus profit. By analysing

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