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Research
This paper by Hao Qi creates a time series of the rate of surplus value for the Chinese economy over the extended period 1956-2014, using a Marxian approach. It finds that the high profitability that stimulated capital accumulation in the decade before the 2008 crisis had relied on the continuous growth in the rate of surplus value.  But after the crisis, the conditions supporting a high rate of surplus value—an expanding external market, a relatively large reserve army of labor, and a low debt-income ratio—have weakened.  This has led to a "new normal" pattern of declining profitability in China.
Commentary

Improving Health by Reducing Poverty: Interview

The Real News Network

Interview, June 2017 | Peter Arno, Jeannette Wicks-Lim

Improving Healthcare by Reducing Poverty During The Real News Network interview, Peter Arno and Jeannette Wicks-Lim discuss how the Earned Income Tax Credit in New York improves healthcare for entire communities.
Commentary

California's Senate Passes Single Payer Health Act: Interview

The Real News Network

Interview, June 2017 | Robert Pollin

California's Senate Passes Single Payer Health Care Act During The Real News Network interview, Robert Pollin discusses how the new California single payer health care act would save money for households and businesses. Pollin and coauthors conducted the study that examined the impact of the single payer act.

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