My article 'Measuring the World Rate of Profit: A Marxian Approach' is now published in Review of Radical Political Economics. Using 32 countries and multiple profit rate measures, it finds a long-run downward trend driven by technological change, with a partial recovery in the 1980s-90s.
https://thinkhammerly.wordpress.com/2026/03/26/measuring-world-rate-of-profit-marxian-approach/?utm_source=mastodon&utm_medium=jetpack_social
Measuring the World Rate of Profit: A Marxian Approach
New research applying Marxian measures of profit rate across 32 countries finds a downward trend in the world rate of profit between 1952 and 2019, driven by technological change.
Pooya