@pimento@lemmygrad.ml to Late Stage Capitalism@lemmygrad.ml • 3 years agoTendency of the Rate of Profit to Falllemmygrad.mlimagemessage-square4fedilinkarrow-up116arrow-down10
arrow-up116arrow-down1imageTendency of the Rate of Profit to Falllemmygrad.ml@pimento@lemmygrad.ml to Late Stage Capitalism@lemmygrad.ml • 3 years agomessage-square4fedilink
minus-square@roastpotatothieflink4•3 years ago“world rate of profit” ? That’ll need some explaining. That phrase doesn’t make sense just by itself.
minus-square@pimento@lemmygrad.mlOPlinkfedilink4•3 years agoHere is a good video about it: https://www.youtube.com/watch?v=ypJ_tcnfaWA
minus-square@roastpotatothieflink1•3 years agoThanks. It’s a bit abstract. Sounds like it’s not a real meaningful measure of anything. The way to increase your profit is to burn some capital or hire more employees, according to this definition of profit. Have to think about it more maybe.
“world rate of profit” ?
That’ll need some explaining. That phrase doesn’t make sense just by itself.
Here is a good video about it:
https://www.youtube.com/watch?v=ypJ_tcnfaWA
Thanks. It’s a bit abstract. Sounds like it’s not a real meaningful measure of anything. The way to increase your profit is to burn some capital or hire more employees, according to this definition of profit.
Have to think about it more maybe.