rate of profit, below which capitalists do not invest. I consider three alternative closures: (a) a constant real wage rate … economy and the advanced capitalist economy with weak labor, the equilibrium rate of profit can fall after viable technical …

As part of the literature denying Marx's Law of Tendency of Rate of Profit to Fall, the Okishio theorem exerts … technology in the basic goods sector of capitalism leads inevitably to an increase in the general rate of profit. In the … does not understand that the decline of the general rate of profit is precisely the compound result of individual capital …

invaluable for the success of the British economy. Marx's macroeconomics and his well-known law of the falling rate of profit are … drain by 1% increases the rate of profit of Britain by around 9 percentage points. My findings are corroborated by the …

the uniform rate of profit. We test for deviation between relative labor values and relative prices of production using …

invaluable for the success of the British economy. Marx's macroeconomics and his well-known law of the falling rate of profit are … drain by 1% increases the rate of profit of Britain by around 9 percentage points. My findings are corroborated by the …

of these debates are the empirically observed near-linearities in the price-rate of profit and wage rate of profit curves …

the uniform rate of profit. We test for deviation between relative labor values and relative prices of production using …