Michael Roberts: New Evidence on the Tendency of the Rate of Profit to Fall

Marx’s theory for the terminal nature of capitalist crisis has been attacked by mainstream economics and even some Marxists as being erroneous, illogical, vague and lacking empirical data.

This view is currently challenged by Roberts and other Marxists. But the big news is that a recent study has supplied mountains of evidence for support of the tendency of the rate of profit to fall in 43 capitalist countries, spanning fourteen years from 2000 to 2014.

Leave a Reply

Your email address will not be published.