IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-26121-5_11.html
   My bibliography  Save this book chapter

Decentring the Marxian Debate over the Falling Rate of Profit: A New Approach

In: Marxian Economics: A Reappraisal

Author

Listed:
  • Stephen Cullenberg

Abstract

The law of the tendency for the rate of profit to fall (TRPF) remains to this day one of the most important and hotly debated issues in Marxian economics. Two fundamentally different theoretical approaches can be identified in the longstanding debate over the TRPF, the traditional debate and the debate over Okishio’s theorem.2 The purpose of this chapter is to suggest a new direction in this debate by considering the relationship between the rate of profit and the competitive behaviour of complex capitalist enterprises. This chapter examines the contradictory movement of the rate of profit when the capitalist enterprise is conceived as a complex site, as Marx originally developed in the latter part of volume III of Capital.

Suggested Citation

  • Stephen Cullenberg, 1998. "Decentring the Marxian Debate over the Falling Rate of Profit: A New Approach," Palgrave Macmillan Books, in: Riccardo Bellofiore (ed.), Marxian Economics: A Reappraisal, chapter 11, pages 163-176, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-26121-5_11
    DOI: 10.1007/978-1-349-26121-5_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-26121-5_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.