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Profitability and economic crisis

Kuhn, Rick; O'Lincoln, Tom

Description

The article establish the relevance of the approach which focuses on the theory of the tendency of the rate of profit to fall. The opening section surveys recent overseas evidence on profit rates and offers a theoretical account of the tendency for profit rates to fall. This provides a background to a tentative examination of Australian evidence and the attention paid to the issue by some mainstream economists. At appropriate points we suggest some political implications arising from the theory.

dc.contributor.authorKuhn, Rick
dc.contributor.authorO'Lincoln, Tom
dc.date.accessioned2012-10-29T23:30:26Z
dc.date.available2012-10-29T23:30:26Z
dc.identifier.issn0156-5826
dc.identifier.urihttp://hdl.handle.net/1885/9467
dc.description.abstractThe article establish the relevance of the approach which focuses on the theory of the tendency of the rate of profit to fall. The opening section surveys recent overseas evidence on profit rates and offers a theoretical account of the tendency for profit rates to fall. This provides a background to a tentative examination of Australian evidence and the attention paid to the issue by some mainstream economists. At appropriate points we suggest some political implications arising from the theory.
dc.format26 pages
dc.publisherAustralian Political Economy Movement
dc.rightshttps://www.oaklist.qut.edu.au/database/View.action?id=4357 "Author CANNOT archive preprint version ... [or] postprint ... [but] ... CAN archive publisher version" - from OAKList site (as at 2/6/11)
dc.sourceJournal of Australian Political Economy 25 (1989): 44-69
dc.source.urihttp://search.informit.com.au/fullText;dn=900303434;res=APAFT
dc.subjectprofitability
dc.subjecteconomic crisis
dc.subjectMarxism
dc.subjecttendency for the rate of profit to fall
dc.subjectorganic composition of capital
dc.subjectboom
dc.subjectbust
dc.titleProfitability and economic crisis
dc.typeJournal article
dc.date.issued1989-10
local.type.statusPublished Version
local.contributor.affiliationKuhn, Rick, ANU Research School of Social Sciences, School of Politics and International Relations
CollectionsANU Research Publications

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