It takes the average reader 2 hours and 24 minutes to read Profit, Accumulation, and Crisis in Capitalism by Minqi Li
Assuming a reading speed of 250 words per minute. Learn more
Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the twentieth century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx’s original hypothesis may be verified by the global economic events in the twenty-first century.
Profit, Accumulation, and Crisis in Capitalism by Minqi Li is 143 pages long, and a total of 36,179 words.
This makes it 48% the length of the average book. It also has 44% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 17 minutes to read Profit, Accumulation, and Crisis in Capitalism aloud.
Profit, Accumulation, and Crisis in Capitalism is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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