"the current vogue for Branding theory ..."
What's that?
"whether the rate of profit is falling or rising is not really the issue."
True, especially because what Marx's law ultimately predicts (Ch. 15) is not a long-run fall in the profit rate, but recurrent *crises* in which existing capital-values are wiped out (an expression of the fact that they can be reproduced more cheaply) and the profit rate is restored. The tendency of the profit rate to fall, he writes, is constantly *overcome by way of crises."
Andrew ("Drewk") Kliman Dept. of Social Sciences Pace University Pleasantville, NY 10570 USA phone: (914) 773-3968 fax: (914) 773-3951
Home: 60 W. 76th St. #4E New York, NY 10023 USA
"The practice of philosophy is itself theoretical. It is the critique that measures the individual existence by the essence, the particular reality by the Idea."