[lbo-talk] An Orgy of Speculation?

c b cb31450 at gmail.com
Mon Mar 7 14:11:33 PST 2011


If Brenner (_The Economics of Global Turbulence_) is correct, the rise of speculation results from secular declining profitability of investments in manufacturing.

^^^^^ CB: So, we've gone from The Law of Tendency of the Rate of Profit to Fall as an explanation of _cyclical_ crises to using it as an explanation for _secularly_ falling profit rates ? If they are continuously falling for long enough , they should fall to zero . Lets practice some formal logic along with our dialectics.



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