The Falling Rate of Profit and the Great Recession of 2007-2009: A New Approach to Applying Marx's Value Theory and Its Implications for Socialist Str

by Peter H. Jones

In this ground breaking contribution to Marxist economic theory, Peter H. Jones provides a comprehensive analysis of profit rates in the lead up to the Great Recession.
The Falling Rate of Profit and the Great Recession of 2007-2009 develops a new interpretation of Marx's labour theory of value rooted in non-equilibrium, and applies this theory to US national accounting data. In so doing Jones shows that, when measured correctly, the profit...

• Format: Paperback
• Language: English
• ISBN: 164259332X
• ISBN13: 9781642593327
• Release Date: November 2022
• Publisher: Haymarket Books
• Length: 226 Pages
• Weight: 0.84 lbs.
• Dimensions: 0.7" x 6.0" x 8.9"