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Accumulation of capital and the foundation of the tendency of the rate of profit to fall
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Journal Article
Accumulation of capital and the foundation of the tendency of the rate of profit to fall
1991
Overview
The rate of profit has a tendency to fall--and a tendency is a concept belonging to a specific level of abstraction and is quite different from the concept of an empirical trend. The main issue discussed is that the rate of profit to fall is regarded as being insufficiently grounded--it lacks a microeconomic foundation.
Publisher
Oxford University Press,ACADEMIC PRESS,Oxford Univ. Press,Oxford University Press for the Cambridge Political Economy Society,Oxford Publishing Limited (England)
