THE CURRENT RATE OF TURNOVER AND OF PROFIT IN CHINA.

China rate of profit Q2 2019 pdf

china rate of profit 1998 – 2019 (SPREADSHEET)

China July 2019 profit data (REPORT)

WHY WE NEED AN IMMEDIATE INCOME BASED CONSUMPTION TAX TO REDUCE GREEN HOUSE EMISSIONS.

an income based consumption tax pdf

I am glad to announce that there is now a resolution going to the Labour Party Conference which is calling for a ring fenced income based consumption tax. It alone can finance a green agenda in the interim.

ANALYSIS OF Q2 CORPORATE PROFITS IN THE USA (including a real time proxy rate of profit).

profits USA Q2 2019 pdf

US SAVINGS AND INVESTMENTS (spreadsheet)

working paper Q2 2019 corporate profits (spreadsheet)

TABLE 1.14 QUARTERLY UP TO Q2 2019 (spreadsheet)

In the sub-section titled “A correction” it was recognised that the rate of turnover influences the rate of exploitation but not vice versa. That is correct. But a more precise formulation is required as to how this influence works. A structural change in the rate of turnover, as we have seen in the USA and which is demonstrated in Graph 5, where circulating capital is no longer declining relative to fixed, affects the annual rate of exploitation by increasing the employment of labour power and the rate at which profits are realised. This explains the curious phenomena where employment has increased despite the fall in the rate of profit and to which fall it has contributed.

Due to pressures of union work I rushed this article and thus did not deal correctly with the inter-relation of turnover and exploitation. It was wrong of me to say that a rise in the period of circulation from 50 to 60 days would necessarily affect the rate of exploitation, it wont. That would assume profits are made in the circulation process rather than the production period. For the correct way to deal with this issue please read the comments at the end of this article. I apologise for the confusion caused.

STOP IGNORING CIRCULATING CAPITAL WHEN DEMONSTRATING THE LINK BETWEEN PROFITS AND INVESTMENT.

comparing the two forms of investment pdf

COMPARING CHANGES – circulating vs fixed (spreadsheet)

THE USA RATE OF PROFIT FOR 2018

rate of profit 2018 pdf (Article)

GRAPHS rate of profit 2018

Determining the rate of turnover for corporate

turnover japan 2015

MARKET TURBULENCE RETURNS.

market turbulence 2 pdf

 

NOW IT GETS INTERESTing

MANUFACTURING CASH FLOW 2005 TO 2018 (spreadsheet)

now it gets interesting pdf (article)

DEPRECIATION BROKEN DOWN UP TO 2017 (spreadsheet)