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The basic conclusion of this paper is that ignoring the negative welfare effects of unemployment in the form of terrorism and consequent loss of output leads to the adoption of (i) level of employment of labour which is sub-optimal, (ii) levels of employment of capital and capital/labour ratios...
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Roy explains the paradoxical combination of wealth and poverty, looking at both sides of nineteenth century capitalism …
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This is a critical review of what the Marxist scientific literature presents on the forms of countertendency to falling profit rates carried out during the COVID-19 pandemic. The 33 articles included in this review were studied using a Marxist approach. The following elements of the articles...
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