Karl Marx’s ”Capital” Vol. 3 (Part 2/10)
Theory & Philosophy
00:00
How to Find the Average Profit Rate of an Industry
We weigh each individual profit rate of any given industry in accordance with the size of that capital. So whether or not it's a big industry or like a local flower shop, and we must compare that to or see how much of it corresponds to the total social capital. And these are jus totally arbitrary numbers. Who knows, they just insert whatever here. The point is, with differenc size industries, is going to have a different effect on this calculating this average rate of profit.
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