George Reisman's Blog on Economics, Politics, Society, and Culture: WHERE PROFIT COMES FROM

This theory of profit/interest has major implications for the understanding of capital accumulation, the determination of real wages and the general standard of living, taxation, inflation/deflation, and the business cycle. It also provides the basis for the overthrow of virtually all aspects of Keynesianism and its system of national income accounting, along with an equally fundamental and thorough refutation of Marxism and the exploitation theory.

George Reisman's Blog on Economics, Politics, Society, and Culture: WHERE PROFIT COMES FROM