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This article proposes a simple new model that helps to analyze the long-term movement of the profit rate. The article applies the new model to the United States and China, the world's two largest economies, to illustrate how the new model may help analyze the global capitalist crisis in the 21st century. In the new model, the long-term movement of the profit rate depends on the long-term average economic growth rate and the ratio of accumulation. As the capitalist economy stagnates and ecological sustainability imposes constraints on future economic growth, capitalism may have exhausted its historical capacity to check the tendency for the rate of profit to fall. [ABSTRACT FROM AUTHOR]

Capitalism in Argentina underwent some important transformations between the neoliberal era (1975-2001) and the new, neodevelopmentalist one (2002-2015). These changes constituted a new mode of peripheral participation of Argentina's economy that has novelties as well as strong continuities, where State form and modes of intervention change. We'll show how this project of development reproduces, in a new context, and within new structural and subjective/political conditions, the historical process of combined and uneven development in Argentina. We propose to analyze such transformation, and assess their limitations for creating a sustainable option for capitalist reproduction in Argentina. Our analysis will provide an alternative view of recent capitalist developments in Argentina that combine the process of class formation, class struggle and political conflict, with the structural tendencies of changing global capitalism. [ABSTRACT FROM AUTHOR]

This article proposes a Marxist interpretation of the current crisis of capital, mobilizing in particular Marx's concept of fictitious capital. It analyses the origins, manifestations, and effects of the crisis, and presents a critique of the orthodox anti-crisis policies, as well as of the recent so-called return to "Keynesianism." According to the author, there is a very high probability that the present crisis will become more acute as a systemic crisis of capital, since all the conditions are there for that to happen. This will force us to reconsider the alternatives of post-capitalist social transformation, which more and more of us, in spite of our differences, hope to be socialist. [ABSTRACT FROM AUTHOR]