The Falling Rate of Profit in the Postwar United States Economy

Fred Moseley

None pages, Hardcover

ISBN: 0333551095

ISBN13:

Language: English

Publish: None

Presents an empirical test of Marx’s theory of the “falling rate of profit” by deriving estimates of the Marxian rate of profit and its determinants for the post-World War II US economy in order to determine whether the trends in these variables were in the directions predicted by Marx’s theory.

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