[lbo-talk] Austerity In The Face Of Weakness

[c b]

Wouldn't this analysis suggest that the profit rate - an indicator
fetishized by Marxists - is a pretty irrelevant indicator of the
health of capitalism?

SA

^^^^^^^^
CB; Does the Marxist fetish concerning the profit rate claim that
high profit rates for some companies at a given time indicate that a
capitalist nation is "healthy" and not about to go into another crisis
?