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argue that a coherent explanation of long-run fluctuations can be based upon Marx’s argument in Capital III, whereby the … falling long-run tendency of the rate of profit leads to a stagnant mass of net profits, which are associated with the onset … or weaknesses of Kondratiev’s and Marx’s views with respect to their visions of the long term evolution of the capitalist …
Persistent link: https://www.econbiz.de/10011259173
[Part I] As a few alert mainstream and corporate economists rediscover the certain elements of Marx’s analysis of …. The part also presents two important works in translation. The first, read by Marx himself, raises serious questions about … of constant capital. [Part III] The final part contains a debate on the merits of ‘positivist Marxism’ sparked by an …
Persistent link: https://www.econbiz.de/10011193722
This paper explores the crisis and some implications against the Marxian profit rate (PR). The PR helps explaining a … corrected PR has reached a historical low under neo-liberalism, in spite of an increase in profit masses and profit shares in …
Persistent link: https://www.econbiz.de/10010722752
This paper evaluates the five most popular analytical approaches to the East Asian "miracle" economies: neoliberal, structural-institutional, "flying geese," Greater China, and dependency perspectives. Distinguishing between national and regional development visions, we specify the key forces...
Persistent link: https://www.econbiz.de/10010797146
falling rate of profit mechanism. All of these theories are based on one or more of "the historical tendencies": a rising … capital-wage bill ratio, a rising capitalist share and a falling rate of profit. The model is a foundation in the sense that …
Persistent link: https://www.econbiz.de/10005823893
this last work. The main conclusions are first, that Marx had an intrinsic explanation of the falling rate of profit but …Abstract: Marxs conclusions about the falling rate of profit have been analysed exhaustively. Usually this has been …
Persistent link: https://www.econbiz.de/10005823935
falling rate of profit mechanism. All of these theories are based on one or more of "the historical tendencies": a rising … capital-wage bill ratio, a rising capitalist share and a falling rate of profit. The model is a foundation in the sense that …
Persistent link: https://www.econbiz.de/10005823957
Abstract: This paper examines, both descriptively and analytically, Marx's arguments for the falling rate of profit … finally, in Chapter 3 of Volume III, Marx says that it is resource scarcity that causes the fall in the rate of profit … Collected Works and Chapter 3 of Volume III of Capital. The conclusions are as follows: First, Marx realised that his main …
Persistent link: https://www.econbiz.de/10005168482
conclusions are: 1. Marx's major attempt to show that the rate of profit must fall occurred in the general law section. 2. Part … III does not contain a demonstration that the rate of profit must fall. 3. Marx was never able to demonstrate that the … section of the first version of Volume III of Capital. It then considers Part III of Volume III, the evolution of Marx …
Persistent link: https://www.econbiz.de/10005168518
this last work. The main conclusions are first, that Marx had an intrinsic explanation of the falling rate of profit but …Abstract: Marxs conclusions about the falling rate of profit have been analysed exhaustively. Usually this has been …
Persistent link: https://www.econbiz.de/10005572140