Falling Rate of Profit and Mass of Profits: A Note
Theodore Mariolis ()
Review of Political Economy, 2014, vol. 26, issue 4, 549-556
Abstract:
This paper shows that the mass of profits may be strictly increasing even when the rate of profit is strictly decreasing. Thus, a recent 'long-wave version' of the falling rate of profit theory of crisis is called into question.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:taf:revpoe:v:26:y:2014:i:4:p:549-556
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DOI: 10.1080/09538259.2014.969546
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