Doug Henwood wrote: There was a tremendous recovery in profitability, by bourgeois measurements,
But that's not good enough for a Marxist like yourself, is it. You would want to quickly deploy the Dumenil/Levy recalculation of US profit rates net of interest expenditure, wouldn't you, Doug? (You remember, from our once meant-to-be joint paper on the global capitalist crisis, circa a year ago?) ^^^^ CB: Why would the bourgeoisie publically overstate their profits , overstate their profits in "their" stats ? Seems like if any distortion, they'd understate them _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
