The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | preprint |
Idioma: | por |
Título da fonte: | SciELO Preprints |
Texto Completo: | https://preprints.scielo.org/index.php/scielo/preprint/view/3393 |
Resumo: | The article explores the relationship between the dynamics of profitability and the process of capital exportation, especially productive capital in the form of Foreign Direct Investment. This task is accomplished in its theoretical and empirical aspects. The studies of Henryk Grossman are resumed, who, starting from Marx, exposes the movement of international expansion of capital as an exit to the idle capital that is formed with the fall in the rate of profit. In this sense, it is argued that although the formation of the world market is contained in the logic of capital, its most recent manifestation is closely linked to the problems of profitability, especially in advanced capitalist countries. The formation of idle capital is understood with an even more fundamental element than the international differentials of profitability, for this movement. The empirical analysis is performed for the US, both by the greater availability of data and by its position in the world economy. |
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The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorizationMovimento da taxa de lucro e mundialização do capital: a exportação do capital-produtivo na dinâmica da valorização imperfeitataxa de lucrocapital ociosoexportação de capitalmundialização do capitaprofit rateidle capitalcapital exportmundialization of capitalThe article explores the relationship between the dynamics of profitability and the process of capital exportation, especially productive capital in the form of Foreign Direct Investment. This task is accomplished in its theoretical and empirical aspects. The studies of Henryk Grossman are resumed, who, starting from Marx, exposes the movement of international expansion of capital as an exit to the idle capital that is formed with the fall in the rate of profit. In this sense, it is argued that although the formation of the world market is contained in the logic of capital, its most recent manifestation is closely linked to the problems of profitability, especially in advanced capitalist countries. The formation of idle capital is understood with an even more fundamental element than the international differentials of profitability, for this movement. The empirical analysis is performed for the US, both by the greater availability of data and by its position in the world economy.Este artigo explora a relação entre a dinâmica da lucratividade e o processo de exportação de capital, especialmente do capital-produtivo na forma de investimento estrangeiro direto. Essa tarefa é realizada em seus aspectos teóricos e empíricos. Retomam-se principalmente os estudos de Henryk Grossman, que, partindo de Marx, expõe o movimento de expansão internacional do capital como saída para o capital ocioso que se forma com a queda na taxa de lucro. Argumenta-se que apesar de a formação do mercado mundial estar contida na própria lógica do capital, sua manifestação mais recente esteve intimamente ligada aos problemas de lucratividade, em especial nos países de capitalismo avançado. Para esse movimento, a formação de capital ocioso é compreendida como elemento ainda mais fundamental do que os diferenciais internacionais de lucratividade. A análise empírica é realizada para os Estados Unidos, tanto pela maior disponibilidade de dados quanto pela sua posição na economia mundial.SciELO PreprintsSciELO PreprintsSciELO Preprints2021-12-22info:eu-repo/semantics/preprintinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://preprints.scielo.org/index.php/scielo/preprint/view/339310.1590/0103-6351/6436porhttps://preprints.scielo.org/index.php/scielo/article/view/3393/6150Copyright (c) 2021 Lucas Rodrigues, Ronaldo Herrlein Jrhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessRodrigues, LucasHerrlein Jr, Ronaldoreponame:SciELO Preprintsinstname:SciELOinstacron:SCI2021-12-22T12:28:32Zoai:ops.preprints.scielo.org:preprint/3393Servidor de preprintshttps://preprints.scielo.org/index.php/scieloONGhttps://preprints.scielo.org/index.php/scielo/oaiscielo.submission@scielo.orgopendoar:2021-12-22T12:28:32SciELO Preprints - SciELOfalse |
dc.title.none.fl_str_mv |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization Movimento da taxa de lucro e mundialização do capital: a exportação do capital-produtivo na dinâmica da valorização imperfeita |
title |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
spellingShingle |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization Rodrigues, Lucas taxa de lucro capital ocioso exportação de capital mundialização do capita profit rate idle capital capital export mundialization of capital |
title_short |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
title_full |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
title_fullStr |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
title_full_unstemmed |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
title_sort |
The profit rate movement and mundialization of capital: the export of productive capital in the dynamics of imperfect valorization |
author |
Rodrigues, Lucas |
author_facet |
Rodrigues, Lucas Herrlein Jr, Ronaldo |
author_role |
author |
author2 |
Herrlein Jr, Ronaldo |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Rodrigues, Lucas Herrlein Jr, Ronaldo |
dc.subject.por.fl_str_mv |
taxa de lucro capital ocioso exportação de capital mundialização do capita profit rate idle capital capital export mundialization of capital |
topic |
taxa de lucro capital ocioso exportação de capital mundialização do capita profit rate idle capital capital export mundialization of capital |
description |
The article explores the relationship between the dynamics of profitability and the process of capital exportation, especially productive capital in the form of Foreign Direct Investment. This task is accomplished in its theoretical and empirical aspects. The studies of Henryk Grossman are resumed, who, starting from Marx, exposes the movement of international expansion of capital as an exit to the idle capital that is formed with the fall in the rate of profit. In this sense, it is argued that although the formation of the world market is contained in the logic of capital, its most recent manifestation is closely linked to the problems of profitability, especially in advanced capitalist countries. The formation of idle capital is understood with an even more fundamental element than the international differentials of profitability, for this movement. The empirical analysis is performed for the US, both by the greater availability of data and by its position in the world economy. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-12-22 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/preprint info:eu-repo/semantics/publishedVersion |
format |
preprint |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://preprints.scielo.org/index.php/scielo/preprint/view/3393 10.1590/0103-6351/6436 |
url |
https://preprints.scielo.org/index.php/scielo/preprint/view/3393 |
identifier_str_mv |
10.1590/0103-6351/6436 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://preprints.scielo.org/index.php/scielo/article/view/3393/6150 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2021 Lucas Rodrigues, Ronaldo Herrlein Jr https://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2021 Lucas Rodrigues, Ronaldo Herrlein Jr https://creativecommons.org/licenses/by/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
SciELO Preprints SciELO Preprints SciELO Preprints |
publisher.none.fl_str_mv |
SciELO Preprints SciELO Preprints SciELO Preprints |
dc.source.none.fl_str_mv |
reponame:SciELO Preprints instname:SciELO instacron:SCI |
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SciELO |
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SCI |
institution |
SCI |
reponame_str |
SciELO Preprints |
collection |
SciELO Preprints |
repository.name.fl_str_mv |
SciELO Preprints - SciELO |
repository.mail.fl_str_mv |
scielo.submission@scielo.org |
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1797047826455199744 |