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Κριτική Έκθεση του "Νόμου της Πτωτικής Τάσης του Ποσοστού Κέρδους" του K. Marx: Κατανομή Εισοδήματος, Επισώρευση Κεφαλαίου και Τεχνολογική Μεταβολή στη Μακρά Περίοδο
[Critical Exposition of The Marxian 'Law of the Falling Rate of Profit': Income Distribution, Capital Accumulation and Technological Change in the Long-run]

  • Mariolis, Theodore

This essay explores the ralationships between income distribution, capital accumulation and technological change in the long-run. It is shown that a falling rate of profit is not a necessity for the capitalist mode of production.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 22461.

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Date of creation: 2010
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Handle: RePEc:pra:mprapa:22461
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  1. Ian Steedman, 2009. "Many Capital-Output Ratios Increasing With The Interest Rate: An Industry-Level Analysis," Metroeconomica, Wiley Blackwell, vol. 60(1), pages 150-161, 02.
  2. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, June.
  3. Theodore Mariolis, 2008. "Pure Joint Production, Income Distribution, Employment And The Exchange Rate," Metroeconomica, Wiley Blackwell, vol. 59(4), pages 656-665, November.
  4. Reiner Franke, 1999. "Technical Change and a Falling Wage Share if Profits are Maintained," Metroeconomica, Wiley Blackwell, vol. 50(1), pages 35-53, 02.
  5. Shalom Groll & Ze'ev B. Orzech, 1987. "Technical Progress and Values in Marx's Theory of the Decline in the Rate of Profit: An Exegetical Approach," History of Political Economy, Duke University Press, vol. 19(4), pages 591-613, Winter.
  6. Roemer, John E, 1979. "Continuing Controversy on the Falling Rate of Profit: Fixed Capital and Other Issues," Cambridge Journal of Economics, Oxford University Press, vol. 3(4), pages 379-98, December.
  7. You, Jong-Il & Dutt, Amitava Krishna, 1996. "Government Debt, Income Distribution and Growth," Cambridge Journal of Economics, Oxford University Press, vol. 20(3), pages 335-51, May.
  8. Gylfason, Thorvaldur, 1999. "Principles of Economic Growth," OUP Catalogue, Oxford University Press, number 9780198776147.
  9. Steedman, Ian, 1975. "Positive Profits with Negative Surplus Value," Economic Journal, Royal Economic Society, vol. 85(337), pages 114-23, March.
  10. Moses Abramovitz, 1956. "Resource and Output Trends in the United States Since 1870," NBER Books, National Bureau of Economic Research, Inc, number abra56-1.
  11. Thomas M. Humphrey, 1997. "Algebraic production functions and their uses before Cobb-Douglas," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 51-83.
  12. Steedman, Ian, 1982. "Joint Production and the Wage-Rent Frontier," Economic Journal, Royal Economic Society, vol. 92(366), pages 377-85, June.
  13. William Barnett & Apostolos Serletis & Demitre Serletis, 2005. "Nonlinear and Complex Dynamics in Real Systems," GE, Growth, Math methods 0509002, EconWPA.
  14. John Kendrick, 1956. "Productivity Trends: Capital and Labor," NBER Chapters, in: Productivity Trends: Capital and Labor, pages -3-23 National Bureau of Economic Research, Inc.
  15. Jones, Larry E & Manuelli, Rodolfo E, 1990. "A Convex Model of Equilibrium Growth: Theory and Policy Implications," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 1008-38, October.
  16. Steedman, Ian, 1971. "Marx on the Falling Rate of Profit," Australian Economic Papers, Wiley Blackwell, vol. 10(16), pages 61-66, June.
  17. Luci Ellis & Kathryn Smith, 2007. "The global upward trend in the profit share," BIS Working Papers 231, Bank for International Settlements.
  18. Harris, Donald J, 1983. "Accumulation of Capital and the Rate of Profit in Marxian Theory," Cambridge Journal of Economics, Oxford University Press, vol. 7(3-4), pages 311-30, September.
  19. Dutt, Amitava Krishna, 1987. "Alternative Closures Again: A Comment on 'Growth, Distribution and Inflation.'," Cambridge Journal of Economics, Oxford University Press, vol. 11(1), pages 75-82, March.
  20. Steedman, Ian, 1976. "Positive Profits with Negative Surplus Value: A Reply," Economic Journal, Royal Economic Society, vol. 86(343), pages 604-08, September.
  21. Pratten, Clifford F, 1980. "The Manufacture of Pins," Journal of Economic Literature, American Economic Association, vol. 18(1), pages 93-96, March.
  22. Theodore Mariolis, 2004. "Pure joint production and international trade: a note," Cambridge Journal of Economics, Oxford University Press, vol. 28(3), pages 449-456, May.
  23. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October.
  24. H. D. Dickinson, 1957. "The Falling Rate of Profit In Marxian Economics," Review of Economic Studies, Oxford University Press, vol. 24(2), pages 120-130.
  25. Steindl, Josef, 1979. "Stagnation Theory and Stagnation Policy," Cambridge Journal of Economics, Oxford University Press, vol. 3(1), pages 1-14, March.
  26. Okishio, Nobuo, 2001. "Competition and Production Prices," Cambridge Journal of Economics, Oxford University Press, vol. 25(4), pages 493-501, July.
  27. Mariolis, Theodore, 2006. "Distribution and Growth in a Multi-Sector Open Economy with Excess Capacity," Economia Internazionale / International Economics, Camera di Commercio di Genova, vol. 59(1), pages 51-61.
  28. Taylor, Lance, 1985. "A Stagnationist Model of Economic Growth," Cambridge Journal of Economics, Oxford University Press, vol. 9(4), pages 383-403, December.
  29. Salvadori, Neri, 1981. "Falling Rate of Profit with a Constant Real Wage: An Example," Cambridge Journal of Economics, Oxford University Press, vol. 5(1), pages 59-66, March.
  30. Paul M. Romer, 1994. "The Origins of Endogenous Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 3-22, Winter.
  31. Nakatani, Takeshi, 1980. "The Law of Falling Rate of Profit and the Competitive Battle: Comment on Shaikh," Cambridge Journal of Economics, Oxford University Press, vol. 4(1), pages 65-68, March.
  32. Shaikh, Anwar, 1978. "Political Economy and Capitalism: Notes on Dobb's Theory of Crisis," Cambridge Journal of Economics, Oxford University Press, vol. 2(2), pages 233-51, June.
  33. Blecker, Robert A, 1989. "International Competition, Income Distribution and Economic Growth," Cambridge Journal of Economics, Oxford University Press, vol. 13(3), pages 395-412, September.
  34. Theodore Mariolis, 2008. "Heterogeneous Capital Goods And The Harrod-Balassa-Samuelson Effect," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 238-248, 05.
  35. Zonghie Han & Bertram Schefold, 2006. "An empirical investigation of paradoxes: reswitching and reverse capital deepening in capital theory," Cambridge Journal of Economics, Oxford University Press, vol. 30(5), pages 737-765, September.
  36. Mariolis, Theodore & Soklis, George & Groza, Heleni, 2010. "An Input-Output Approach to the Estimation of the Maximum Attainable Economic Dependency Ratio in four European Economies," MPRA Paper 22661, University Library of Munich, Germany.
  37. Miller, Jack L & Gowdy, John, 1998. "Vertically Integrated Measures of the Rate of Profit in the United States 1950-90," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(4), pages 555-63, December.
  38. Roemer, John E, 1978. "The Effect of Technological Change on the Real Wage and Marx's Falling Rate of Profit," Australian Economic Papers, Wiley Blackwell, vol. 17(30), pages 152-66, June.
  39. Moses Abramovitz, 1956. "Resource and Output Trends in the United States Since 1870," NBER Chapters, in: Resource and Output Trends in the United States Since 1870, pages 1-23 National Bureau of Economic Research, Inc.
  40. Schefold, Bertram, 1976. "Different Forms of Technical Progress," Economic Journal, Royal Economic Society, vol. 86(344), pages 806-19, December.
  41. Mariolis, Theodore, 2007. "Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity," MPRA Paper 24042, University Library of Munich, Germany.
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