102
Here keep it if u don't have it
I love this graph, it is an excellent graph
1960 - 2020 chart, it's the most up to date one I've seen.
Link?
This comes from this data: https://www.rug.nl/ggdc/productivity/pwt/?lang=en
This specific chart comes from page 29 of this, which uses the above data: https://scholarworks.umass.edu/server/api/core/bitstreams/69ff54a4-6554-48b9-9b5b-58008cb25725/content
Ayo not starting at zero >:(
Completely fine as long as the axes are clearly marked and consistently spaced
True, but a measure of uncertainty would be nice to see as well. Anything anti-capitalist will be held to a higher standard so we should be in the habit of including errorbars, for example.
so thats why the empire wants war so bad with literally anyone else
I would suggest that anyone interested in this subject read "The failure of capitalist production", by Andrew Kliman. The author delves into the tendency for the rate of profit to fall in marxist terms, looking especially, but not exclusively, at the 2008 crisis.
I mention this because he uses an analogy that made me understand the tendency for the rate of profit to fall more accurately: like gravity, the rate of profit tends to fall, but that does not mean that all objects on Earth will eventually reach their lowest point with no means of going back up. It is merely a tendency, which capitalism is always fighting back against, and not a deterministic prediction about an absolute low in the rate of profits in the future.
Good meme tho
I mention this because running around in a hamster wheel is cool
I'm not sure I understand your comments
Well if you know the system has this tendency to do the same thing over and over again why keep running around in a hamster wheel to keep it spinning?
Well, I certainly don't benefit from the machinations of capitalism, but, from what I gather, capitalists benefit by enjoying the periods in which profits are high and by destroying capital and consolidating monopolies when they are low. So maybe that's an incentive to continue being the ruling class, I suppose
I wasn’t accusing you or anything I’m just like what’s with running in the hamster wheel ???
lol I get it now, I'd just forgotten what I commented
No worries here
It’s absolutely fine
Ya fancy hamster wheel
tendency
imagine not getting it
Just need to make "Falling Rate of Profit" bigger
I mean nothing is priced properly so who knows what the actual rate of profit is..
Never seen this, GOATed comrade
HEXMARX !!!
Dear god, that line's not doing what it's supposed to at all
this post was submitted on 26 Jun 2024
102 points (99.0% liked)
chapotraphouse
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