A CRITICISM OF THE MARXIAN LAW OF THE FALL IN THE RATE OF
PROFITS
Interpretation here given assumes acceptance of Marx's
main principles: Necessary decline in rate of profit on
hypothesis of technical improvement: Two successive stages
confused by Marx: More accurately a decline in amount of
profit: Marx assumes that would be an increase of capital:
Would be same capital and increase in rate of profits:
Decline in rate of profits due to other reasons 142