The current crisis from the perspective of the downward trend in profit rate
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Keywords

Marxist crisis theories
Falling rate of profit tendency
Capital-value destruction.

How to Cite

VALADA, Fernanda; PERGHER, Natasha. The current crisis from the perspective of the downward trend in profit rate: the contributions of Shaikh, Dumenil and Levy and Kliman. Crítica Marxista, Campinas, SP, v. 23, n. 43, p. 147–158, 2016. DOI: 10.53000/cma.v23i43.19170. Disponível em: https://econtents.bc.unicamp.br/inpec/index.php/cma/article/view/19170. Acesso em: 17 jul. 2024.

Abstract

In Marxist theories, crises are understood as an inherent phenomenon of the development of productive forces and, as such, endogenous to the capitalist mode of production. Crisis are thus the way in which the internal capitalist contradictions
manifest and the manner in which they are solved. In the 1970s, the law of the falling rate of profit reinvigorated, culminating in the emergence of a wide range of interpretations within the Marxist analysis. In this sense, the aim of this paper is to present the interpretations about crisis, centered in the profit rate dynamics, of Shaikh (1983; 2011), Duménil and Lévy (2014), Kliman (2012), as well as their controversies about the current crisis.

https://doi.org/10.53000/cma.v23i43.19170
PDF (Português (Brasil))

References

DUMÉNIL, G.; LÉVY, D. A crise do neoliberalismo. São Paulo: Boitempo, 2014.

KLIMAN, A. The Failure of Capitalist Production: Underlying Causes of the Great Recession. Londres: Pluto Press, 2012.

NETTO, J. P. (Org.). O leitor de Marx. Rio de Janeiro: Civilização Brasileira, 2012.

SHAIKH, A. Uma introdução à história das teorias de crise. Ensaios FEE, Porto Alegre, 4(1), p.5-45, 1983.

SHAIKH, A. The First Great Depression of the 21st Century. Socialist Register, Fall, p.44-63, 2011.

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright (c) 2016 Fernanda Valada, Natasha Pergher

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