Measuring the profit rate: such a big difference? - PowerPoint PPT Presentation

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Measuring the profit rate: such a big difference?

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Measuring the profit rate: such a big difference? Two stylized facts 2. profit and accumulation Two stylized facts 1. profit and productivity How to avoid a fall in ... – PowerPoint PPT presentation

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Title: Measuring the profit rate: such a big difference?


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Measuring the profit ratesuch a big difference?
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Two stylized facts2. profit and accumulation
USA Europe Japan. Weighted by GDP
3
Two stylized facts1. profit and productivity
USA Europe Japan. Weighted by GDP
4
How 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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  • Le capitalisme néolibéral
  • ne pouvait monter jusquau ciel

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