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Social and Behavioral Sciences Commons

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Economics

City University of New York (CUNY)

Series

2019

Karl Marx

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

Teoria Da Crise E A Queda Da Taxa De Lucro, David Harvey Jan 2019

Teoria Da Crise E A Queda Da Taxa De Lucro, David Harvey

Publications and Research

Abstract:

David Harvey’s article argues against the importance given to the law of the tendency of the rate of profit to fall (TRPF), suggest­ing that Marx derived the « law » under « draconian » assumptions and that Engels was far more enthusiastic about it than Marx, who never went back to the theory later in his life despite its evident incompleteness. Therefore, he argues, we should not take his the­oretical conclusions too far. In his view, Marx perceived crises as momentary and violent eruptions that resolve the existing contra­dictions which can be considered as opportunities of capitalist re­construction rather …