#Economics#FailedFakeScience#Profit
— E.K-H (@AXECorg) August 30, 2024
“The rate of profits increases in direct proportion to the total reduction in wages.”
This is correct for a single firm under ceteris paribus but provably false for the economy as a whole. Macroeconomic profit Qm is given by the… pic.twitter.com/Gncru8J2d4
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.