William Jefferies
The declining rate of profit: Avoiding the key issue
William Jefferies — James Doughney’s latest contribution to the discussion on Marx’s tendency of the rate of profit to fall avoids the key point: the relationship between the proportional rise in the mass of physical capital and productivity rate rises.
Was Marx wrong about the declining rate of profit?
William Jefferies — James Doughney’s attempted refutation of Karl Marx’s law of the tendency of the rate of profit to fall is thoughtful and thorough, but ultimately wrong.
Ecosocialism 2025
