Category: Macroeconomy

No (economic) tendency of the rate of profit to fall according to Book I of the Capital (2021-04)

“The total labour power of society […] is embodied in the sum total of the values” Marx – the Capital Book I : I.1 “The reproduction of a mass of labour power, which must incessantly re-incorporate itself with capital for that capital’s self-expansion; which cannot get free from capital, and

Continuer à lire…No (economic) tendency of the rate of profit to fall according to Book I of the Capital (2021-04)

Estimating global capital from net capital formation (2021-02)

Spreadsheet – HTML Data source: World Bank. Update 2024-05-31 Capital is the accumulation of net capital formation [1]Net capital formation (formerly net domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land … Continue reading year after year.

Continuer à lire…Estimating global capital from net capital formation (2021-02)