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Mill and Marx
Jim Devine has asked for examples from Mill that might be compared to
Marx. Chapter IV, Book IV of Mill's Principles is entitled "Of the
Tendency of Profits to a Minimum." In the chapter Mill put forth an
argument of falling profit rates based on a diminishing opportunities
for investment. He then goes on to consider "the counteracting
circumstances which now keep in check the natural influence of
those savings in reducing profit."
If any one wants more I will go look up stuff in Mill's Logic, where
I recall he makes an argument about the laws of economics and
and disturbing effects.
Joe Persky
- Thread context:
- unemployment questions,
Andrew Sessions Fri 01 Apr 1994, 00:59 GMT
- Assn for Evol Econ e-mail addr?,
DORR Thu 31 Mar 1994, 23:53 GMT
- Telling it like it is,
D Shniad Thu 31 Mar 1994, 21:37 GMT
- [no subject],
Paul Cockshott Thu 31 Mar 1994, 20:59 GMT
- Mill and Marx,
Joe Persky Thu 31 Mar 1994, 18:03 GMT
- <Possible follow-up(s)>
- Mill and Marx,
roy rotheim Thu 31 Mar 1994, 18:20 GMT
- AD/AS redux,
Tom . Weisskopf Thu 31 Mar 1994, 14:20 GMT
- Saturn,
Robert W Drago Thu 31 Mar 1994, 04:59 GMT
- economics of sustainable development,
Blair Sandler Wed 30 Mar 1994, 23:08 GMT
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