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Measuring the profit rate: such a big difference?. Two stylized facts 2. profit and accumulation. USA + Europe + Japan. Weighted by GDP. Two stylized facts 1. profit and productivity. USA + Europe + Japan. Weighted by GDP. How to avoid a fall in the rate of profit.
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Two stylized facts2. profit and accumulation USA + Europe + Japan. Weighted by GDP
Two stylized facts1. profit and productivity USA + Europe + Japan. Weighted by GDP
How to avoid a fall in the rate of profit Red curve: the profit rate decreases when the accumulation rate is rising With a rate of “full” accumulation I/K°, the profit rate is R° (point B) With a lower rate of accumulation (I/K) the actual profit rate (R) is higher (point A) By decreasing the rate of accumulation, it is therefore possible to maintain the profit rate at a higher level (see arrows 1) The consequence is a gap between the profit rate and the rate of accumulation (see arrow 2)
Le capitalisme néolibéral ne pouvait monter jusqu’au ciel