What happened to manufacturing-sector profit rates?

What is it about?

With a focus on the manufacturing sector across some member countries of the Organization for Economic Cooperation and Development (OECD), the rate of surplus value and the rate of profit are broken down into analytical components to help understand what has produced their differences among the industrialized countries during the past thirty years.

Featured Image

Why is it important?

It concludes that the rate of surplus value plays a significant role—to a similar degree across the countries—in determining the profit-rate growth, but capitalist methods to extract surplus value from productive labor vary greatly from country to country.

Perspectives