As increasingly severe natural disasters ravage the South, insurance companies are abandoning clients, increasing premiums, and fighting regulation measures — forcing homeowners to fend for themselves in the wake of destruction.
That’s really not what the tendency of the profit rate to decline is about. It’s based on an observation of the changing ratio of constant capital to variable capital (labour) as a given industry matures.
That’s really not what the tendency of the profit rate to decline is about. It’s based on an observation of the changing ratio of constant capital to variable capital (labour) as a given industry matures.
Marx has written about ecology, though.