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[PEN-L:6926] Re: rising rate of profit?



I think that Dumenil et al showed that rate of profit is falling in the
long run in the US economy. See for this: Dumenil, G. et al (1992).
"Stages in the Development of US Capitalism: Trends in Profitability and
Technology since the Civil War"
in Moseley, F. and Wolf E. eds.
International Perspectives on Profitability and Accumulation: Edward
Elgar.
In the same book Weisskopf, T. "A Comparative Analysis of
Profitability Trends in the Advanced Capitalist Economies" showed the
same for other industrialized countries.
In adittion to the books mentioned in this discussion is indispensable:
Dumenil, et al The Economics of Profit Rate: Edward Elgar (I am not sure
if this is the title).
Un saludo
Alejandro Valle Baeza


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