Comments on: Wall Street Collapse? Another Crisis of Capitalism http://prernalal.com/2008/09/wall-street-collapse-another-crisis-of-capitalism/ No Borders and Binaries Tue, 09 Mar 2010 15:15:40 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: Prerna http://prernalal.com/2008/09/wall-street-collapse-another-crisis-of-capitalism/comment-page-1/#comment-2070 Prerna Thu, 25 Sep 2008 20:19:05 +0000 http://prernalal.com/?p=459#comment-2070 Hey Robin, are you back yet? I wrote this at 3am lol. You pose an interesting problem that I would need to research more in the coming week. I think there are contrary accounts. The rate of profit has fluctuated a bit - this one shows it falling http://myweb.lmu.edu/jdevine/talks/SMC03-16-04_files/image001.jpg Combined with the fact that there is more corporate debt (If they are making more profits, why is there an increase in corporate debts?) http://myweb.lmu.edu/jdevine/talks/SMC03-16-04_files/image003.jpg Either way, a 'soluton' is of course to lay off workers, down-size, move off-shore etc and we have seen a lot more of that in the past 8 years. I meant cyclical as in the cyclical crisis of business but maybe that is a misnomer and it should be fluctuation. But the reasoning is what is circular, when it happens. Stay safe! Hey Robin, are you back yet?

I wrote this at 3am lol.

You pose an interesting problem that I would need to research more in the coming week. I think there are contrary accounts. The rate of profit has fluctuated a bit – this one shows it falling
http://myweb.lmu.edu/jdevine/talks/SMC03-16-04_files/image001.jpg

Combined with the fact that there is more corporate debt (If they are making more profits, why is there an increase in corporate debts?)
http://myweb.lmu.edu/jdevine/talks/SMC03-16-04_files/image003.jpg

Either way, a ’soluton’ is of course to lay off workers, down-size, move off-shore etc and we have seen a lot more of that in the past 8 years.

I meant cyclical as in the cyclical crisis of business but maybe that is a misnomer and it should be fluctuation. But the reasoning is what is circular, when it happens.

Stay safe!

]]> By: Robin Chang http://prernalal.com/2008/09/wall-street-collapse-another-crisis-of-capitalism/comment-page-1/#comment-2066 Robin Chang Thu, 25 Sep 2008 19:17:35 +0000 http://prernalal.com/?p=459#comment-2066 Interesting article. I must ask, though, do you have a source on what the rate of profit has been over the last ten years? I would imagine that while that while the r. of p., however defined, has fallen in the US since the 1970s, the rate has been going up since the 90s because of an increase in the rate of surplus value. Also, do you think that the falling rate is a secular tendency or cyclical? It seems like your article seems to suggest the latter. Interesting article. I must ask, though, do you have a source on what the rate of profit has been over the last ten years? I would imagine that while that while the r. of p., however defined, has fallen in the US since the 1970s, the rate has been going up since the 90s because of an increase in the rate of surplus value. Also, do you think that the falling rate is a secular tendency or cyclical? It seems like your article seems to suggest the latter.

]]> By: Free Environment Blogs » - environmental pollution http://prernalal.com/2008/09/wall-street-collapse-another-crisis-of-capitalism/comment-page-1/#comment-2030 Free Environment Blogs » - environmental pollution Thu, 25 Sep 2008 12:46:07 +0000 http://prernalal.com/?p=459#comment-2030 [...] Wall Street Collapse? Another Crisis of Capitalism By Prerna Poverty is a mere by-product as is environmental pollution. The second-shift of women is never part of GDP calculatons. Things have value in an economy only so far as they have exchange value. Rendering ?use value? as ineffective allows … No Borders and Binaries - http://prernalal.com [...] [...] Wall Street Collapse? Another Crisis of Capitalism By Prerna Poverty is a mere by-product as is environmental pollution. The second-shift of women is never part of GDP calculatons. Things have value in an economy only so far as they have exchange value. Rendering ?use value? as ineffective allows … No Borders and Binaries – http://prernalal.com [...]

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