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- W2321808000 abstract "Abstract The 1929 crisis represents a break in the history of contemporary capitalism. The challenge to the State by economic events precipitates a profound transformation. Generally, interpretations of the Great Crisis fall into four types. 1. The Marxist interpretation in terms of the tendential fall of the rate of profit, which, however, finds in the Great Crisis its clearest refutation. According to Marx, this law is a result of the increase of the proportion of constant capital (machinery, installations, raw materials) over variable capital (wages). Since it is human labor which creates wealth, the relative decrease of the latter in the organic composition of capital should lead to the fall of the rate of profit." @default.
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- W2321808000 date "1980-01-01" @default.
- W2321808000 modified "2023-09-25" @default.
- W2321808000 title "The Crisis of the State in the Thirties" @default.
- W2321808000 doi "https://doi.org/10.3817/1280046062" @default.
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