Feedback Control Analysis for Marx's Law of the Tendential Fall in the Rate of Profit

被引:2
|
作者
Park, Seong-Jin [1 ]
Yang, Jung-Min [2 ]
机构
[1] Ajou Univ, Dept Elect & Comp Engn, 206 Worldcup ro, Suwon 16499, South Korea
[2] Kyungpook Natl Univ, Sch Elect Engn, 80 Daehak ro, Daegu 41566, South Korea
基金
新加坡国家研究基金会;
关键词
Economic system; feedback control; nonlinear system; profit rate; NEURAL-NETWORKS;
D O I
10.1007/s12555-022-0211-8
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This paper presents a feedback control method to analyze Marx's law of the tendential fall in the rate of profit which is the most important Marx's theory of capitalism. The law states that the rate of profit would tend to decline in the long run as a result of technological progress. In this paper, we set the composition of capital to be accumulated next year as a control input which is designed to increase the profit rate in the next year. Then we present certain conditions for which the control input to increase the rate of profit eventually decreases it, that is to say, the effort of capital to increase the rate of profit leads to its decrease on the contrary.
引用
收藏
页码:1407 / 1419
页数:13
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