Maturity and Stagnation in American Capitalism

adjustment amount assume assumption average business capital capital accumulation capital intensity capital stock capitalists cent companies compensatory borrowing concentrated industries considerable constant Das Kapital debt decline degree of utilisation depreciation differential distribution cost dividends economic elasticity entrepreneurs equation equipment excess capacity expansion explain factors fall funds gearing ratio greater gross capital gross profit margins growth of capital imperfect competition important increase influence internal accumulation investment Kuznets labour level of utilisation limit long run manufacturing marginal firms marginal producer margins at given Marx national income net profit margin normal profits obtained oligopolistic industries oligopoly period plant possible price cutting profit rate proportion rate of growth rate of profit real capital reduced relative sales effort sector selling costs selling methods share issues share of wages steel surplus value Table technical tendency theory total savings trend utilisation of capacity value added WAGES IN VALUE