Gary? wrote:
>
> From: "Carrol Cox"
> > Of course, taking the subject line literally, that low a rate of surplus
> > value would indicate a profit rate so low we would be in a depression
> > that would make the '30s seem paradise! :-)
> >
> I remember when you could buy two pairs of rose tinted spectacles and still
> have change from a dollar.
>
> Gary?
> ride si sapis
>
I'm not sure of your point, but in case my point was not clear. Try it this way:
Constant capital: 100 Variable Capital: 1 Surplus value: 1.05
Rate of Profit: 1.0%
Capitalism collapses (which doesn't mean that socialism arises -- it may well mean Rosa's barbarism).
It would be the tendency of the rate of profit to fall with an almost supernatural vengeance. :-)
Carrol
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