[lbo-talk] Marx on profits

Michael Perelman michael at ecst.csuchico.edu
Mon Nov 26 20:17:43 PST 2007


The way I read it is that there is a FROP. It leads to a crisis, just like Seth described. If the crisis is not too severe, capital can come back even stronger (possibly), but eventually a crisis will be so severe that we can move on to a better form of society.

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com



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