Marxism, Logic and the Rate of Profit

TL;DR

This paper critiques Marxist economic theory by arguing that its foundational contradictions render it illogical, specifically challenging Marx's claim that the rate of profit tends to fall over the long term.

Contribution

It presents a logical critique of Marxist theory, rejecting the long-term tendency of the rate of profit to fall as proposed by Marx.

Findings

Marxism is based on contradictions and is illogical.

Marx's thesis on the falling rate of profit is rejected.

The paper provides a logical critique of Marxist economic theory.

Abstract

It is argued that Marxism, being based on contradictions, is an illogical method. More specifically, we present a rejection of Marx's thesis that the rate of profit has a long-term tendency to fall.