La transitoriedad histórica del capital: La tendencia descendente de la tasa de ganancia desde el siglo XIX

The historical transience of capital: The downward trend in the rate of profit since XIX century

Esteban Ezequiel Maito

MPRA Paper from University Library of Munich, Germany

Abstract: This paper presents estimates of the rate of profit on fourteen countries in the long run. The performance shows a clear downward trend, although there are periods of partial recovery in both core and peripheral countries. The behavior of the profit rate confirms the predictions made by Marx, about the historical trend of the mode of production. Finally, an estimate of the global rate of profit for the last six decades is done, also highlighting the particular role of China in systemic profitability.

Keywords: Tasa; de; ganancia; -; Capital; -; Karl; Marx; -; Modo; de; producción; capitalista; -; Centro/Periferia (search for similar items in EconPapers)
JEL-codes: B14 E0 E22 F21 O5 P10 Y10 (search for similar items in EconPapers)
Date: 2013-12
New Economics Papers: this item is included in nep-his, nep-hme and nep-mac
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Published in Razón y Revolución 26 (2013): pp. 129-159

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