fall of profitrate

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

In the opinion of Georgios Stamatis, Marx, in presenting the law of the tendentious case 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 law of the tendentious fall of the general rate of profit in capital Bd.3

Self-imposed division, overlooked continuity: Marx, Keynes and the Rate of Profit

Abstract This paper was presented to the World Keynes Conference in Denizli, Turkey. Its purpose is to analyse the conditions for a stable exit from Long Depressions, in line with the programme of research outlined in my chapter for the …

Self-imposed division, overlooked continuity: Marx, Keynes and the Rate of Profit

ON MARX’S CRISIS THEORY IN THE ORIGINAL MANUSCRIPT OF THE 3RD VOLUME OF CAPITAL

The notion of capital overaccumulation, as constructed by Marx in Volume 3 of Capital on the basis of his “preliminary definition” of “absolute overproduction”, is considered in this paper as the key element of Marx’s crisis theory. Following what the …

ON MARX’S CRISIS THEORY IN THE ORIGINAL MANUSCRIPT OF THE 3RD VOLUME OF CAPITAL

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