HomeGroupsTalkZeitgeist
Hide this

Results from Google Books

Click on a thumbnail to go to Google Books.

The Falling Rate of Profit in the Postwar…
Loading...

The Falling Rate of Profit in the Postwar United States Economy

by Fred Moseley

MembersReviewsPopularityAverage ratingConversations
2None2,551,640NoneNone
Recently added byameerali, deblemrc

No tags.

None.

None
Loading...

Sign up for LibraryThing to find out whether you'll like this book.

No current Talk conversations about this book.

No reviews
no reviews | add a review
You must log in to edit Common Knowledge data.
For more help see the Common Knowledge help page.
Series (with order)
Canonical title
Original title
Alternative titles
Original publication date
People/Characters
Important places
Important events
Related movies
Awards and honors
Epigraph
Dedication
First words
Quotations
Last words
Disambiguation notice
Publisher's editors
Blurbers
Publisher series
Original language

References to this work on external resources.

Wikipedia in English

None

Book description
Haiku summary

Amazon.com Product Description (ISBN 0312068883, Hardcover)

The most important conclusion of Marx's theory of capitalism is that the rate of profit would tend to decline as a result of technological change. This book presents a rigorous empirical test of this all-important conclusion by deriving estimates of the Marxian rate of profit and its determinants (the composition of capital and the rate of surplus-value) for the post-World War II US economy in order to determine whether the trends in these variables were in the direction predicted by Marx's theory. Given the long and continuing controversy over this conclusion of Marx's theory, this rigorous empirical test should be of the considerable interest. This book also extends Marx's theory to provide an original explanation of the significant decline in the conventionally-defined rate of profit in the postwar US economy: that this decline was due primarily to a very significant increase in the relative proportion of unproductive labour during this period. This explanation has important implications for the likely future trend of the rate of profit and thus for the likelihood of a full and lasting recovery from the economic crisis of the 1970s-80s.

(retrieved from Amazon Thu, 30 Jul 2015 16:44:55 -0400)

No library descriptions found.

Quick Links

Swap Ebooks Audio

Popular covers

None

Rating

Average: No ratings.

Is this you?

Become a LibraryThing Author.

 

About | Contact | Privacy/Terms | Help/FAQs | Blog | Store | APIs | TinyCat | Legacy Libraries | Early Reviewers | Common Knowledge | 119,640,284 books! | Top bar: Always visible