Introduction to Marx and Marxism Video 10 The tendency of the rate of profit to decline

The tendency of the rate of profit to decline: deals with why Marx believed that in the long run the rate of profit would tend to fall and how this would make capitalism prone to recurring economic crises.

[monstonegirl]

I know this might be strange John, or Random.... I'm just wondering if you're the same John Molyneux who done a DNA test with 23andme?

[salmakheder]

This was very helpful in explaining such a concept to a beginner!! Thank you so much for this video. :)

[xxmoriahxx]

Thank you, you explained the subject really well the equation and every thing else is so clear now.

[criscrypto]

thank you so much for this!! ive been racking my brain trying to figure this out and this video helped me tremendously!!

[lenenlawless]

me and my partner listened to these on spotifies, love your work! I hope you're interested in doing more stuff like this more in depth!

[niallocuilleanain]

why do you assume in your example that the cost of constant capital is continually increasing? is there a necessary reason why it should do so? Even if the example is for illustrative purposes its inclusion is not theoretically clear. Presumably the rate of profit is falling not because of rising costs in constant capital but the inability of dead capital to produce surplus value? Thank you.

[masscreationbroadcasts]

Every recession has been made worse or their start was accelerated by government intervention.

The surplus values in those equations are invented out of thin air.

The tendency of the rates of profit to fall doesn't take into account new industries which form because the current products are cheap enough for new industries to form because no one thought to do because it was too expensive with the past products.