Maturity and Stagnation in American Capitalism |
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Page 91
... decline in the share of wages . This industry is rather more concentrated than the others , 4 producers accounting for 50 per cent in 1935. Cordage and twine shows a similar , though less marked tendency . Linoleum , a very highly ...
... decline in the share of wages . This industry is rather more concentrated than the others , 4 producers accounting for 50 per cent in 1935. Cordage and twine shows a similar , though less marked tendency . Linoleum , a very highly ...
Page 166
... decline in the ratio of total savings to business capital , though it need not necessarily imply a rise in the gearing ratio , would under certain conditions indicate a fall in the rate of profit . In this sense we may say the series ...
... decline in the ratio of total savings to business capital , though it need not necessarily imply a rise in the gearing ratio , would under certain conditions indicate a fall in the rate of profit . In this sense we may say the series ...
Page 168
... decline in popu- lation growth . We have to think of the growth of working population here , because it is this which is logically connected with the expansion of productive capacity . The critics of A. Hansen have poured ridicule on ...
... decline in popu- lation growth . We have to think of the growth of working population here , because it is this which is logically connected with the expansion of productive capacity . The critics of A. Hansen have poured ridicule on ...
Contents
A priori reasons for a decline in share yields | 145 |
Data relating to the development of Joint Stock Companies | 148 |
The net effect of the joint stock system | 153 |
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Common terms and phrases
amount assume assumption business capital capital accumulation capital intensity capital stock capitalists cent compensatory borrowing competitive considerable constant Das Kapital debt decline degree of utilisation depreciation determined differential distribution cost dividends economic effect entrepreneurs equation equipment excess capacity explain factors fall greater gross capital gross profit margins growth of capital imperfect competition important increase influence internal accumulation investment Kuznets labour level of utilisation limit long run manufacturing marginal firms marginal producer margins at given Marx national income net profit margin normal profits obtained oligopolistic oligopolistic industries oligopoly period positive possible price cutting profit rate proportion rate of growth rate of profit ratio of capital real wages realised reciprocal gearing ratio reduced relation relative rise selling costs selling methods share issues share of wages steel surplus value Table technical tendency theory total savings trend utilisation of capacity value added WAGES IN VALUE yield