[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/53664.html
   My bibliography  Save this paper

Some Questions on the Rates of Profit and Rents

Author

Listed:
  • Melendez-Plumed, Vicenc
Abstract
We deal with three subjects, namely, the presence of more than one rate of profit in an economy due to the existence of rents (absolute and monopoly rents); the subordination of the prices and the rate of profit (in price terms) to the real profit or net product, measured in value terms; and the impact of leveraging on the rate of profit and on a simple calculation of the sum of credit (money) generated in an economy over a given period of time. Production prices are affected by absolute and monopoly rents. An arbitrary rise of an industry rate of profit increases the global rate and system prices while the real product expressed in values is not altered. Labour magnitudes determine the sustainable price system. An increase in the quantity of credit is a natural consequence of economic growth and the rate depends on the proportions of the effective use and the production of commodities. Interests of credits have similarities with differential rent, provided that the production costs increase depressing the rate of profit and generating a “rent” to capitalists who do not need to borrow money.

Suggested Citation

  • Melendez-Plumed, Vicenc, 2014. "Some Questions on the Rates of Profit and Rents," MPRA Paper 53664, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:53664
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/53664/1/MPRA_paper_53664.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Labour values; Relative prices; Rates of profit; Credit; Rate of suplus value; Absolute rent; Differential rent; Monopoly rent;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:53664. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.