[Marxism] HM3: the profits-investment puzzle | Michael Roberts Blog

Louis Proyect lnp3 at panix.com
Sat Nov 16 05:58:05 MST 2019

The other session at the Historical Materialism London conference that I 
participated in was on The Relation between Profits, Investment and 
Crises.  This was organised by Al Campbell from the University of Utah. 
In his paper, Al outlined how in the last two decades a gap opened up 
between the growth in profitability and the rate of investment and 
accumulation (Al Campbell).  Al showed that the share of investment in 
total US profits fell from the early 2000s until the Great Recession and 
still stands well below the average share in the 1980s and 1990s.


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