Investment, profit and growth

thenextrecession.wordpress.com/2017/06/13/investment-profit-and-growth/

Other urls found in this thread:

gesd.free.fr/jonesp13.pdf).
thedailybeast.com/how-the-kleptocrats-dollar12-trillion-heist-helps-keep-most-of-the-world-impoverished
critiqueofcrisistheory.wordpress.com/2017/05/21/three-books-on-marxist-political-economy-pt-6/
twitter.com/AnonBabble

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>Similarly, Australian Marxist economist Peter Jones has shown that if the ‘fictitious’ components of profitability are removed from the calculation of the US corporate rate of profit, then the ‘underlying’ rate of profit has never been lower (gesd.free.fr/jonesp13.pdf). Profitability of productive capital consolidated during the 1990s but then dived to post-war lows just before the Great Recession, with little recovery since.
The US rate of profit (excluding ‘fictitious profits’) %

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Next time please post cute anime girls, not disgusting 3dpd sluts.

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anime is bourgeois

"3DPD" is a meme and not even a good one.

Yeah, especially since my monitor makes them 2D.

And this captures the heart of the issue.
Investment might kickstart economic growth, but there's no point doing so because the rate of profit has fallen.
We're in for one hell of a ride.

Is this supposed to be some empirical evidence of Marx' theory of the falling rate of profit? Sorry, I'm a babby on Marxian economics (or economics in general).

Even if that is so, there is also strong evidence that giving capitalists more money does not lead to higher investment in productive capital either, it all goes into parasitic sectors like finance and other rent collection like real estate.
If you want fixed high productive capital investment, absent a high rate of profit that can never be achieved at current technology anyway, there is nothing better than a good old five year plan.

I'm not reading any more posts until there are more tits.

so how does the fact that corporations and other entities keep trillions in tax havens, not investing in anything, and instead buying up useless shit like malibu real estate and supermegayachts to keep their wealth safe play into all of this?

thedailybeast.com/how-the-kleptocrats-dollar12-trillion-heist-helps-keep-most-of-the-world-impoverished

REVOLUTION SOON

I haven't seen someone following the rop school of crisis theory present a convincing argument on this topic. The best Roberts could come up with was reportedly this cash wasn't all liquid and part of it has been reinvested abroad so this is a vindication of the falling rop school for some reason.

Tax havens and other forms of black money are big economic black holes that can cause theories arranged around official statistics to fall apart so it's no surprise it's rarely dealt with by them.

To date 2/3s of global trade passes through tax havens so it's not like it can easily be excised from reality-based analysis of global political economy.

Because they're safer or offer higher returns

Yep. Michael Roberts tries to back up the Falling Rate Of Profit with empirical data in his blog/books.

to

When will Holla Forums take the Sam Williams pill? He's definitely the brainiest wojack out of the Marxist economists writing out there: critiqueofcrisistheory.wordpress.com/2017/05/21/three-books-on-marxist-political-economy-pt-6/

He's cool too