Profit Squeeze and Keynesian Theory

  • Marglin S
  • Bhaduri A
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Abstract

… The rate of profit can be high even if the profit margin and the share of profit in output are low … On the other hand, the reduction in realized profits led business to anticipate lower profits in …

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Marglin, S. A., & Bhaduri, A. (1991). Profit Squeeze and Keynesian Theory. In Nicholas Kaldor and Mainstream Economics (pp. 123–163). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-10947-0_8

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