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socialist_n_TN

(11,481 posts)
6. Richard is pretty good IMO......
Sun Feb 21, 2016, 12:36 PM
Feb 2016

albeit a little more of an "anarchist", but he definitely knows how capitalism works from a Marxian perspective.

On a side note there's a pretty big economic argument going on in those circles about how the tendency of the rate of profit to fall effects capitalist slumps, recessions, and depressions. Although you have to take into account contravening tendencies in the economy in regards to those slumps, I come down on the side of the ROP being the main factor MOST of the time and especially as a cause of the more severe shocks. I'm not sure where Professor Wolff comes down on this argument.

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Very interesting. Thanks. hedda_foil Feb 2016 #1
Thank You For Sharing These Truths cantbeserious Feb 2016 #2
Wow, that's an eye opener. Gregorian Feb 2016 #3
Thanks for the props, but .......... socialist_n_TN Feb 2016 #4
Thanks! I appreciate your comments and thoughts. Gregorian Feb 2016 #5
Richard is pretty good IMO...... socialist_n_TN Feb 2016 #6
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