Abstract
Theodore P. Lianos (1995) agrees with the primary thesis of my paper (Khalil 1994), namely, if Karl Marx's theory is correct about the tendency of the rate of profit to fall in capitalist production, it should imply that all modes of production (including socialist production) also suffer from the tendency. Lianos raises two issues. One is secondary and the other is irrelevant.
Publisher
Cambridge University Press (CUP)
Subject
History and Philosophy of Science,General Economics, Econometrics and Finance,General Arts and Humanities