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An examination of the notion of pure credit money within the framework of Marxist theory of the value form. The necessary conditions according to Marxist theory for any instrument to serve in the capacity of money are indicated, and the development of the fetishism of value is investigated, with...
Persistent link: https://www.econbiz.de/10010797007
The theory of a fall in the rate of profit due to a rise in the organic composition of capital has been too quickly discarded in recent years. A mathematical theorem shows that this phenomenon is viable under a "monopoly regulation." Data suggest that both a rise in organic composition and a...
Persistent link: https://www.econbiz.de/10010797069