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Also as recommended by Michael Roberts, you would likely benefit from reading both parts (i.e., Part One & Part Two) of Andrew Kliman’s “Harvey Versus Marx On Capitalism’s Crises [Part 1 & Part 2]: Getting Profitability Wrong.”

And don’t neglect the comment section(s) of both Michael’s and Andrew’s pieces. Thought provoking, all.

Michael Roberts Blog

Back last October, Professor David Harvey, presented an essay to the University of Izmir, Turkey in October. You can see a You tube screening of that presentation at https://www.youtube.com/watch?v=-ZJrNgb-iiY&spfreload=10.

Professor Harvey then drafted a paper sent to me called David Harvey, Crisis theory and the falling rate of profit; to be published in 2015 in The Great Meltdown of 2008: Systemic, Conjunctural or Policy-created?, edited by Turan Subasat (Izmir University of Economics) and John Weeks (SOAS, University of London); Publisher: Edward Elgar Publishing Limited. Here is the draft, Harvey on LTRPF.

Last December I did a reply on my blog,
https://thenextrecession.wordpress.com/2014/12/17/david-harvey-monomaniacs-and-the-rate-of-profit/
and presented my response in more depth in a paper reply-to-harvey, that Professor Harvey (from now on DH) kindly posted on his own website, http://pcp.gc.cuny.edu/.

I won’t repeat the arguments presented in DH’s paper and my reply – you can read them yourself. Suffice it to…

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