28. The “tendency for the rate of profit to fall” is a claim by Karl Marx that—because of the complexity of empirically proving such a complex phenomenon—continues to be debated. The data used here comes from the World Profitability Dashboard and its accompanying article: Deepankar Basu, Julio Huato, Jesus Lara Jauregui, and Evan Wasner, “World Profit Rates, 1960–2019,” Review of Political Economy (2022).

XREF: Connects to Marxian economics literature the reader may know on the falling rate of profit debate.

Andrew deWaard, Derivative Media, loc. 561