Social Democracy for the 21st Century: A Realist Alternative to the Modern Left
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Debunking Austrian Economics 101 (Updated)
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Post Keynesian Economics 101
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The Nature, Origin and History of Money 101
19th Century Economic History
Debunking Foucault’s Philosophy 101
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Mark-up Pricing in 21 Nations and the Eurozone: the Empirical Evidence
Sources and Data for US Economic History under the Gold Standard
Probability Theory 101
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The US Recession of 1920–1921
A Bibliography on Logic and Reasoning
Say’s Law: History and Critique
The Natural Rate of Interest: A History and Critiq...
Why Marx’s Labour Theory of Value is Wrong (in a Nutshell)
Debunking Postmodernism and the Regressive Left 101
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Showing posts with label
decrease the rate of exploitation
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Showing posts with label
decrease the rate of exploitation
.
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Sunday, February 14, 2016
The Long-Run Tendency of Capitalism is to Decrease the Rate of Exploitation
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This follows quite clearly from (1) the logic of Marx’s own theory in volume 1 of Capital and (2) the empirical history of capitalism. Le...
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