THE LABOUR PARTY MANIFESTO: For the many while preserving the few!

FOR THE MANY AND THE FEW pdf

WHY WAGES CAN AND NEED TO BE SET INTERNATIONALLY.

market value, prices of production, value of labour power PDF

SHOULD THE VALUE OF LABOUR POWER BE SET NATIONALLY OR INTERNATIONALLY?

super exploitation pdf

DOMESTIC INDUSTRY cash flow vs investment + graph (spreadsheet)

Please replace the second paragraph on page three with the following one.

Here Roberts and Carchedi make a serious error. Prices of production, that is the movement of capital between industries to equalise the rate of profit, does not apply within an industry. It does not apply between the auto companies in Mexico, the USA or China because they are part of one industry. Here market value applies which sets the floor for the cost price of cars, with the volume of production and hence the selling price being set by the movement of capital between this industry and others in pursuit of profit.

(In my linking of market value to selling price instead of cost price, the role played by the prior movement of capital in determining the selling price and hence the rate of profit for the industry, is obscured. The corrections are in italic. The original formulation degraded the relation between market value and market prices of production.)

COMPARING PRICE TO EARNINGS RATIOS, TO THE RATE OF PROFIT (1996-2018)

Comparing Price Earnings Ratios to Capital Profit ratios

This brief article should be read in conjunction with the previous article. Yet another reason to abandon historical cost when measuring the rate of profit.

ONCE MORE ON HOW TO VALUE FIXED CAPITAL.

fixed capital, current vs replacement cost pdf

UNRAVELLING RETAIL SALES AND PAYROLL HEADLINES.

strange behaviour – payrolls and sales (article)

retail sales 2016+ (spreadsheet)

graph workers VS hours (spreadsheet)

INDUSTRIAL PRODUCTION 2016+ (spreadsheet)

Part 2. USING QUARTERLY DATA TO INVESTIGATE PROFITS AND INVESTMENT.

Part 2 quarterly turnover 1998 – 2019.2 pdf

GO quarterly 2005 to Q2 2019 (spreadsheet)

workbook corporate quarterly 1997 – 2019-2 (spreadsheet)