the profit rate & recession

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

 the profit rate & recession
by Fred B. Moseley


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The main point of disagreement seems to be - whether or not the decline of
investment spending that caused the recession was itself caused by the
decline in the rate of profit since 1997.  I argue yes and you argue
no.  You argue that business investment decisions are not determined by
short-run cyclical fluctuations in the rate of profit, but are instead
determined by the long-run trend in the rate of profit, and also by the
capacity utilization rate.

^^^^^^^^

CB: Fred, Hope your child is better.

What if the decline in the rate of profit is due to failure to realize through sale of commodities, failure to complete fully  the C-M' phase of M-C-M' ?