Throughout this century there has been, and continues to be, a long standing debate about whether the rate of profit falls as technical change accelerates. All the major figures in economics have faced these questions. Its origins can be found in Adam Smith through to Ricardo and Marx, thereafter through all major Marxian thinkers, up to the present.
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Throughout this century there has been, and continues to be, a long standing debate about whether the rate of profit falls as technical change accelerates. All the major figures in economics have faced these questions. Its origins can be found in Adam Smith through to Ricardo and Marx, thereafter through all major Marxian thinkers, up to the present.
Read Less
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