Rate Of Profit
In economics and finance, the profit rate is the relative profitability of an investment project, of a capitalist enterprise, or of the capitalist economy as a whole. It is similar to the concept of the rate of return on investment.
In Marxian political economy, the rate of profit (r) would be measured as
-
-
- r = (surplus-value)/(capital invested).
-
where surplus-value corresponds to unpaid labor in the production process or to profits, interest, and rent (property income).
Read more about Rate Of Profit: Historical Cost vs. Market Value, A Prisoner's Dilemma
Famous quotes containing the words rate of, rate and/or profit:
“At this very moment,... the most frightful horrors are taking place in every corner of the world. People are being crushed, slashed, disembowelled, mangled; their dead bodies rot and their eyes decay with the rest. Screams of pain and fear go pulsing through the air at the rate of eleven hundred feet per second. After travelling for three seconds they are perfectly inaudible. These are distressing facts; but do we enjoy life any the less because of them? Most certainly we do not.”
—Aldous Huxley (1894–1963)
“I don’t know but a book in a man’s brain is better off than a book bound in calf—at any rate it is safer from criticism. And taking a book off the brain, is akin to the ticklish & dangerous business of taking an old painting off a panel—you have to scrape off the whole brain in order to get at it with due safety—& even then, the painting may not be worth the trouble.”
—Herman Melville (1819–1891)
“It’s a failure of national vision when you regard children as weapons, and talents as materials you can mine, assay, and fabricate for profit and defense.”
—John Hersey (1914–1993)