Abstract
This chapter presents estimates of the rate of surplus-value, the composition of capital, and the rate of profit for the postwar US economy, based on the definitions of these concepts discussed in the previous chapter. The first three sections will examine the estimates of each of these three Marxian variables for the period 1947–77 in order to determine the extent to which the trends in these variables during this period were in the directions hypothesized by Marx, as discussed in Chapter 1.
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© 1991 Fred Moseley
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Moseley, F. (1991). Estimates of the Marxian Variables for the Postwar US Economy. In: The Falling Rate of Profit in the Postwar United States Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12353-7_3
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DOI: https://doi.org/10.1007/978-1-349-12353-7_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-12355-1
Online ISBN: 978-1-349-12353-7
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