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(106.59 KB 1200x630 Jeremy-Corbyn.jpg)
MMt,Rate of Profit and Marxist economics Comrade 05/18/2020 (Mon) 15:05:31 No. 1683
Hello anons, as you could guess from the title of the thread my question is: Assuming Marx's LTRPF is true, in a moment in which low profitability gives birth to crisis can't the government (acting in an MMT framework) simply act to employ the unemployed with good wages thereby raising in this way demand for consumer goods and then the rate of profit via price increases? Or is there something am i missing?
>>1683 personnaly, I think that one big limitation to this may be natural ressources (or its lack of). I don't think marx thought of that, as states were at his time in history, not at the size (or economic power) they have now

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