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Isn't "the tendency of the rate of profit to fall" what ultimately prevents new companies to enter the market, causing "the tendency of the rate of profit to ri
by js8 3y ago
Isn't "the tendency of the rate of profit to fall" what ultimately prevents new companies to enter the market, causing "the tendency of the rate of profit to rise because of greed" due to price collusion of existing companies?
- astrange 3y agoThere's no correlation between price increases and industry concentration in the last few years. https://chrisconlon.github.io/site/markups_pnp.pdf https://chrisconlon.github.io/site/markups_pnp.pdf