Re: Two further contributions on the debate around Marx's tendency of the rate of profit to fall

#238268

Author: "Tom Walker via
Date: Thu, 15 May 2025 11:21

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I can imagine Marx's exasperated response to all this "tendency of the rate
of profit" gesticulation.

If our friend's fixed idea of a fixed amount of wages, a fixed amount of
> production, a fixed degree of the productive power of labour, a fixed and
> permanent will of the capitalist, a fixed tendency of the rate of profit to
> fall, and all his other fixedness and finality were correct, Professor
> Senior's woeful forebodings would have been right...


Cheers,

Tom Walker (Sandwichman)


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<div dir="ltr"><div>I can imagine Marx's exasperated response to all this "tendency of the rate of profit" gesticulation. </div><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">If our friend's fixed idea of a fixed amount of wages, a fixed amount of production, a fixed degree of the productive power of labour, a fixed and permanent will of the capitalist, a fixed tendency of the rate of profit to fall, and all his other fixedness and finality were correct, Professor Senior's woeful forebodings would have been right...</blockquote><div><br></div><div>Cheers,</div><div><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><br>Tom Walker (Sandwichman)</div></div></div>


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Re: Two further contributions on the debate around Marx's tendency of the rate of profit to fall

#238271

Author: "Charles"
Date: Thu, 15 May 2025 14:43

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> 
> If our friend's fixed ideas...
> 

Gee, no one in the thread has spoken of "fixed" or "constant" anything.


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<blockquote>
<div>If our friend's fixed ideas...</div>
</blockquote>
<div>Gee, no one in the thread has spoken of "fixed" or "constant" anything.</div>
<div> </div>


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Re: Two further contributions on the debate around Marx's tendency of the rate of profit to fall

#238272

Author: "sartesian via g
Date: Thu, 15 May 2025 15:35

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On Thu, May 15, 2025 at 02:21 PM, Tom Walker wrote:

> 
> I can imagine Marx's exasperated response to all this "tendency of the
> rate of profit" gesticulation.

Why imagine when Marx tells us exactly  the importance:

> 
> But the main thing about their horror of the falling rate of profit is the
> feeling that the capitalist mode of production meets in the development of
> its productive forces a barrier which has nothing to do with the
> production of wealth as such; and this peculiar barrier testifies to the
> limitations and to the merely historical, transitory character of the
> capitalist mode of production; testifies that for the production of
> wealth, it is not an absolute mode, moreover, that at a certain stage it
> rather conflicts with its
> further development. -- Capital Vol 3 Chapter 15
> 
> 

But for some, it's easier to speculate than to read.


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<div>On Thu, May 15, 2025 at 02:21 PM, Tom Walker wrote:</div>
<div>
<blockquote>I can imagine Marx's exasperated response to all this "tendency of the rate of profit" gesticulation. </blockquote>
</div>
<div>Why imagine when Marx tells us exactly  the importance:</div>
<blockquote>
<div><em> But the main thing about their horror of the falling rate of profit is the feeling that the capitalist mode of production meets in the development of its productive forces a barrier which has nothing to do with the production of wealth as such; and this peculiar barrier testifies to the limitations and to the merely historical, transitory character of the capitalist mode of production; testifies that for the production of wealth, it is not an absolute mode, moreover, that at a certain stage it rather conflicts with its</em><br /><em>further development.</em>--<em><span style="text-decoration: underline;">Capital Vol 3</span> </em>Chapter 15</div>
<div> </div>
</blockquote>
<div>But for some, it's easier to speculate than to read.</div>
<div> </div>


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Re: Two further contributions on the debate around Marx's tendency of the rate of profit to fall

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