Is There a Tendency of the Rate of Profit to Fall? Theory, Evidence and an Adequate Model

The Law of the Tendency of the Rate of Profit to Fall, put forward by Marx in Capital Vol.3, is a theoretical summary of the social reality of capitalist society. However, this law is still controversial and some scholars have criticized Marx for it, including Japanese scholar Okishio Nobuo in his...

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Bibliographic Details
Main Author: Bin Yu
Format: Article
Language:English
Published: Pluto Journals 2016-11-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.4.0411