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Socialdem. 21st Century

Technologie in deutschen Casinos – Wie sich Casinos an das digitale Zeitalter anpassen

In den letzten Jahren hat sich die Welt des Glücksspiels mit dem Aufkommen von online Casinospielen verändert, die enorm an Popularität gewonnen haben und Millionen von Spielern weltweit in ihren Bann ziehen. Moderne Technologien und Casinos gehen seit jeher Hand in Hand. So etwas wie Casinospiele ins Internet zu bringen, war an sich schon eine echte Revolution (Sie können mehr Infos zum Thema auf dieser Informationsplattform finden). Rasanter technologischer Fortschritt hat maßgeblich zum...

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Bibliography on Marx’s Law of the Falling Rate of Profit

I present below a bibliography on Marx’s Law of the Falling Rate of Profit. The list is not meant to be exhaustive, but includes the most important or interesting discussions.In essence, the text of volume 3 of Capital was taken from the manuscripts of volume 3 from 1864–1865 which were in a draft and fragmentary form (Vollgraf and Jungnickel 2002: 68). Engels began editing volume 3 for publication around 1885 but it took him nearly 10 years before that volume was published in 1894 (Vollgraf...

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Zachariah’s “Labour Value and Equalisation of Profit Rates”: A Critical Review

D. Zachariah’s paper “Labour Value and Equalisation of Profit Rates: A Multi-Country Study” (Indian Development Review 4 [2006]: 1–20) seeks to prove Marx’s Labour Theory of Value (LTV) by examining empirical data on factor input costs and final prices of finished goods from 18 nations in a period from 1968 to 2000. Zachariah concludes that “market prices and labour value of industry outputs are highly correlated for a fairly broad sample of economies” (Zachariah 2006: 18), and that the idea...

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Academic Agent versus “Adam Friended” on Price Inflation and MMT

Academic Agent has got into another row on MMT, but this time with someone called “Adam Friended.”In brief, “Adam Friended” responded to Academic Agent in the following video on the issue of MMT and price inflation:[embedded content]Academic Agent then produced this response on MMT here:[embedded content]Academic Agent is correct that Covid welfare payments and furlough schemes were not the fundamental drivers of inflation in some goods. It is also true that the Western world is far from...

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