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Brad De Long wrote: 
 
> Does anyone think Marx was correct? Falling rate of profit? 
 
Brad, did he make such a prediction? That was a tendency, described 
together with countertendencies. 
 
 
> Real wages being driven down to subsistence levels (either absolute or 
> relative)? 
 
Again, is that Marx? 
 
> Final crisis of capitalism? 
 
Yes, that was Marx.  Certainly, in his letters, he predicted that it 
would occur soon, but he never put a date on it in his more formal 
writings. 
 
Michael Perelman 
 
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