Tendency of the rate of profit to fall
id:
tendency-of-the-rate-of-profit-to-fall-224-1576907
title:
Tendency of the rate of profit to fall
text:
The tendency of the rate of profit to fall (TRPF) is a theory in the crisis theory of political economy, according to which the rate of profit—the ratio of the profit to the amount of invested capital—decreases over time. This hypothesis gained additional prominence from its discussion by Karl Marx in Chapter 13 of Capital, Volume III, but economists as diverse as Adam Smith, John Stuart Mill, David Ricardo and William Stanley Jevons referred explicitly to the TRPF as an empirical phenomenon tha
brand slug:
wiki
category slug:
encyclopedia
description:
Hypothesis in Marxist economics
original url:
https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall
date created:
2005-12-19T21:11:00Z
date modified:
2024-09-14T16:22:27Z
main entity:
{"identifier":"Q1199857","url":"https://www.wikidata.org/entity/Q1199857"}
image:
fields total:
13
integrity:
15