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While 1970's the labor and oil intensive U.S. economy started to struggle with the great effects of oil crisis. Which is we can still see the effects. In this writing i will try to examine the U.S. Hegemony and it's decline through the lights of different articles and my own point of view.
The Falling Rate of Profit and the Economic Crisis in the U.S.
The title is the title of the article that is written by Anwar Shaikh. The article tells us the capitilization of production at the begining, which means lowering the costs. Increasing the productivity of labor to get most out of labor process and reducing unit cost to get the most out of the market is how the profit motive is put into practice...
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