Title: Measuring the profit rate: such a big difference?
1Measuring the profit ratesuch a big difference?
2Two stylized facts2. profit and accumulation
USA Europe Japan. Weighted by GDP
3Two stylized facts1. profit and productivity
USA Europe Japan. Weighted by GDP
4How to avoid a fall in the rate of profit
Red curve the profit rate decreases when the
accumulation rate is rising With a rate of full
accumulation I/K, the profit rate is R (point
B) With a lower rate of accumulation (I/K) the
actual profit rate (R) is higher (point A) By
decreasing the rate of accumulation, it is
therefore possible to maintain the profit rate at
a higher level (see arrows 1) The consequence is
a gap between the profit rate and the rate of
accumulation (see arrow 2)
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10- Le capitalisme néolibéral
- ne pouvait monter jusquau ciel
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