Back in July,I wrote a post on a new approach to a world rate of profit
<https://thenextrecession.wordpress.com/2020/07/25/a-world-rate-of-profit-a-new-approach/>and
how to measure it. I won’t go over the arguments again as you can read
that post and previous ones on the subject. But in that July post, I
said I would follow up on the decomposition of the world rate of profit
and the factors driving it. And I would try to relate the change in the
rate of profit to the regularity and intensity of crises in the
capitalist mode of production. And I would consider the question of
whether, if there is a tendency for the rate of profit to fall as Marx
argued, it could reach zero eventually; and what does that tell us about
capitalism itself? I am not sure I can answer all those points in this
post, but here goes.
https://thenextrecession.wordpress.com/2020/09/20/more-on-a-world-rate-of-profit/
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