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Appendix

Measuring the rate of profit by Michael Roberts Marx’s law of profitability suggests a cyclical and a secular process combined.  The causes of both the cyclical and secular movements in profitability are broadly two-fold.  The first is driven by the … Continue reading

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Capitalist crisis – theory and practice

Hello. I’m Mick Brooks. My book on capitalist crisis will be out soon. I’ll be serialising it on this site, starting with the intro today. Introduction The world has just experienced the most severe recession in most people’s lifetimes. The … Continue reading

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