Bonjour.
The perpetual come back of "the question of profit rate" is a theoretical
fascinating thing. It means that this question is not yet resolved, despite
the abundant litterature about it. Do you remember Marx's question ("WO
kommt das Geld zur Versilberung des Mehwerts her?" zw.B, 20.K) which he
never answered (as Rosa Luxemburg realized it) ? There, is the trouble.
If surplus value is not included in added value per capita, but in the
multiplication of added value, the problem is resolved. The mean profit rate
is then nothing but growth rate. And as growth rate decreases, in crisis
periods, the theory of trend of lowering profit rate is verified. And as
such a profit depends on expansionism, the Marxian and Luxemburgian
hypothesis of the "limit" is verified, too.
I have tried a model on this hypothesis, and it works (it can be visited at
http://www.edu-irep.org, under the title "Asymmetry and accumulation, or
World System's entropy").
Isn't it time to admit that Rosa Luxemburg was right against Lenin, on the
subject of accumulation and imperialism?
Cordially
Romain Kroës
