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What is Profit Rate Trends in the USA (1948-1997) about?

This study analyzes the profit rate in the USA from 1948 to 1997, highlighting a significant decline since World War II, with a partial recovery noted in the early 1980s. It identifies that the profit rate fell by more than 50% in most sectors, except for highly capital-intensive industries like Railroads, which did not follow the same downward trend. By 1997, the profit rate remained only half of its 1948 value, with the decline attributed primarily to reduced productivity of capital and a decrease in the

Author

dirambamathisjunior

Language

EN