THE FED IS AWARE THE RATE OF PROFIT IS FALLING, SO WHY DO BOURGEOIS ACADEMICS CONTINUE TO DENY IT?

In a recent posting analysing the rate of profit between 1980 and 2019, written under the influence of mild seasonal flu, I inadvertently used corporate profit figures rather than non-financial corporate figures. Both the article and spreadsheet have now been corrected. If you have already read this article it may be worthwhile to reread it as the corrected data strengthens the conclusions found there.

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