THE HISTORICAL PEAK OF THE RATE OF SURPLUS VALUE AND THE “NEW NORMAL” OF THE CHINESE ECONOMY: A POLITICAL ECONOMY ANALYSIS

ABSTRACT This paper reports homogenous series of the rate of surplus value for the Chinese economy over the period 1956-2015 with a Marxian approach. It finds that the rate of surplus value reached the historical peak of the whole period in 2008 and that the high profitability in the decade before t...

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Bibliographic Details
Main Author: Hao Qi
Format: Article
Language:English
Published: Universidade Federal do Rio de Janeiro 2018-06-01
Series:Revista de Economia Contemporânea
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482018000100201&lng=en&tlng=en