The gap between Marx's equations and nowadays economics

 


In a certain way, this proposal helped me to find out about the huge gap and difference between Marx own mathematical exercises and equations, and the ones used by marxism nowaydays in contemporary economics. For example: economists all told me the rate of profit for this exercise was 0.5. That’s because for them the rate of profit is g/c, which gives you the decimal form of the profit rate. You see, Marx doesn’t even use decimals at all ever. Which changes a lot of things. If we use the rules of thirds to extract the percentage form instead of extracting the decimal form through division, we obtain a profit rate of 53,846%. And this is important, because if we use the 0.5 profit rate, prices of production will never correspond to the aggregate equality between total prices and total value of Capital Vol. III, as I found out later on and which is the reason why I wrote this as well.

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