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Quelques bénéfices heuristiques d’une redéfinition du profit

Some heuristic Advantages of revising the current Conception of Profit

Romain M. Kroës

MPRA Paper from University Library of Munich, Germany

Abstract: The present paper puts forward a new hypothesis about the economic circuit, which is a product of Marx’s “period of production” and Keynes’s determination order between investment and savings. It leads to a new definition of profit which excludes any remaining competition between savings and consumption on the global scale, and to a revision of National-Accounts’ equation of global income. Finally, the main heuristic benefits of these theoretical developments consist of both acquiring a specific economic time, as an explanatory variable, and demystifying the race to productivity as being globally a Sisyphean task; this will be statistically confirmed.

Keywords: profit; productivité; crise; limite d'accumulation (search for similar items in EconPapers)
JEL-codes: A1 B0 B22 B23 B51 C02 C12 C22 C41 C67 (search for similar items in EconPapers)
Date: 2008-09-25, Revised 2008-11-24
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