----------------- HES POSTING ----------------- 
Indeed, Marx was correct. 
 
1. Falling rate of profit ? 
    Since 1975, the OECD weighted average shows a price index which is 
about level with the growth rate, through years. That is to say 
accumulation is globally nil. 
 
2. Real wages being driven down, absolutly or relatively? 
    Such is the reality for most of the world. 
 
3. Final crisis ? 
    Go back to step number 1. But final crisis does not mean a quiet 
agony. Capitalism can still take the whole civilisation with it into its 
grave.  
 
Marx was only wrong, as the whole of economists, and still nowadays, 
about the questions of precedence between profit and investment, and of 
the complementarity between saving and consumption in global income. 
 
Romain Kroes 
 
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