Maturity and Stagnation in American Capitalism

amount assume assumption business capital capital accumulation capital intensity capital stock capitalists cent compensatory borrowing competitive considerable constant Das Kapital debt decline degree of utilisation depreciation determined differential distribution cost dividends economic effect entrepreneurs equation equipment excess capacity explain factors fall 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 oligopolistic industries oligopoly period positive possible price cutting profit rate proportion rate of growth rate of profit ratio of capital real wages realised reciprocal gearing ratio reduced relation relative rise 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 yield