I did not say that the devaluation of constant capital necessarily causes a falling rate of profit, only that it can. I believe that it did during the late 19th C.
On Thu, Mar 27, 2008 at 01:32:14PM -0400, Doug Henwood wrote: > > Who's going to break the news to the capitalists that their system is > debilitated and they're not really making any money? > > Doug > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
