ABSTRACT
In the present chapter, we will try to put forward, and illustrate with some rough calculations, the thesis that, when using the simple logic and dynamics of Marx’ profit rate (PR) and particularly considering a corrected PR including fictitious capital – i.e. nominal, fluid, money-like, interest-begging capital that, however, is no longer designed to go the ‘productive’ way – it will turn out that a historically usual PR on the exploding amounts of that fictitious money-capital (which by far has become the largest share of all capital) has become infeasible after four decades of ‘neoliberal’ transformation and redistribution from the bottom to the top ranks.
