US RATES OF PROFIT 1980 – 2019.

I would like to apologise to my readers. Writing a complex post whilst under the influence of mild seasonal flu is never a good idea. As a result I inadvertently used corporate profit data derived from Table 1.14 rather than the intended non-financial corporate data. I have now replaced the defective article and worksheet with the corrected ones. The only damage has been to my pride. The corrected data are more supportive of my conclusions than the defective data used originally.

THE US RATE OF PROFIT IN Q2 FALLS TO POST-WAR LOW.

THE MEANING OF TRUE INTERNATIONALISM NOW AND IN THE FUTURE.

TURNOVER Q1 2020. SETTING A BASELINE BEFORE THE PANDEMIC.

COVID PROPELS CHINESE $GDP TEMPORARILY ABOVE US GDP.

DOES RISING INEQUALITY & THE GROWTH OF UNPRODUCTIVE LABOUR EFFECT PROFITABILITY?

This article discusses the two different forms of unproductive labour; functional unproductive labour versus personal unproductive labour. The former is paid out of capital and the latter out of revenue. The former weighs on the rate of profit by reducing profits, while the latter weighs on the rate of profit not by reducing profits but by increasing wages as recorded in the National Accounts. Here then is the importance of distinguishing the different forms of unproductive labour.

THE USA PREPARES ITS OWN “PEARL RIVER” ATTACK.

A TALE OF RETAIL SALES AND INVESTMENT BANKS.

LETS GET PHYSICALIST WITH THE TSSI METHOD.

• analytical
• CURRENT ECONOMIC ANALYSIS
• political
• PROGRAMME
• theoretical
• TRANSFORMATION PROBLEM
• TURNOVER FORMULA
• Uncategorized

This article has been updated.

STOCK MARKETS: A case of too much icing and not enough cake.