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The Political Economy of Unequal Exchange #3: Can a High Profit Rate Make up for Unequal Exchange?
Manage episode 395431725 series 3342596
Контент предоставлен Arghiri Emmanuel Association. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Arghiri Emmanuel Association или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
The short answer: no. Emmanuel offers a proof to demonstrate that low waged countries would need to have an inversely proportional rate of profit to mitigate the difference in prices caused by high wages in another country. This is highly unrealistic, as all evidence prior shows that the formation of an average rate of profit occurs rather than an average rate of wages. (to read more, see https://www.prisoncensorship.info/archive/books/Economics/UnequalExchange_ArghiriEmmanuel.pdf pages 76-81) If you like this, consider supporting us on Patreon: https://www.patreon.com/ArghiriEmmanuelAssociation/membership
--- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support173 эпизодов
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Manage episode 395431725 series 3342596
Контент предоставлен Arghiri Emmanuel Association. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Arghiri Emmanuel Association или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
The short answer: no. Emmanuel offers a proof to demonstrate that low waged countries would need to have an inversely proportional rate of profit to mitigate the difference in prices caused by high wages in another country. This is highly unrealistic, as all evidence prior shows that the formation of an average rate of profit occurs rather than an average rate of wages. (to read more, see https://www.prisoncensorship.info/archive/books/Economics/UnequalExchange_ArghiriEmmanuel.pdf pages 76-81) If you like this, consider supporting us on Patreon: https://www.patreon.com/ArghiriEmmanuelAssociation/membership
--- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support173 эпизодов
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…
continue reading
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…
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