Is the Theory of a Falling Profit Rate Valid?

Marx's theory of the falling rate of profit makes two main appearances in his work. The first is in Chapter 25 of Capital Volume 1, entitled “The General Law of Capitalist Accumulation.” It is further developed in Part III of Volume 3 of Capital , entitled “The Law of the Tendency of the Rat...

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Bibliographic Details
Main Author: Paul Cockshott
Format: Article
Language:English
Published: Pluto Journals 2013-09-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.4.3.0323