Module 3b Marx called the law of the tendency of the rate of profit to fall...

Module 3b

Marx called the law of the tendency of the rate of profit to fall (LTRPF) the most important law of capitalist political economy. Why do you think Marx made that claim? (75- 100 words)

Expert Solution

Rahul Sunny answered 1 year ago

2. Explain the concept of the tendency of the rate of profit to fall according to...

2. Explain the concept of the tendency of the rate of profit to fall according to Ricardo, and according to Marx.

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. If someone asked you does the rate of profit tend to fall under capitalism, what...

. If someone asked you does the rate of profit tend to fall under capitalism, what would you answer? What is the evidence? Note it is not a simple question. During periods when it falls what is the Marxist explanation for the decline?

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If someone asked you does the rate of profit tend to fall under capitalism, what would...

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a) Smith, Ricardo and Marx believed profit falls over time. Discuss. ( 40 marks) ( 2...

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2. Often a sharp fall in stock market causes a fall in bond rate, even though...

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