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When can there be a Fall in the Rate of Profit?*
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Jul 24th 2023, Prabhat Patnaik
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Several
major economists have put forward theories predicting
a falling tendency of the rate of profit under capitalism;
Marx had seen in this fact an awareness on their part
of the essential transitoriness of the capitalist system.
*
This article was originally published in the Peoples
Democracy on
July 23, 2023.
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