Karl Marx’s ”Capital” Vol. 3 (Part 2/10)
Theory & Philosophy
00:00
What Is the Profit Rate?
If more is spent on variable capital, and more is taken out in terms of surplus value, it's going to yield more profit. If a ton is spent on constant capital, you might not be able to extract more surplus value from that. And so if any new industry wants to emerge, it has to keep itself around that same rate of profit - or else it's gonna risk overselling or under selling.
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