Adam Smith, John Stuart Mill, and Karl Marx all agreed on the tendency of the rate of profit to fall.
https://wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to...
https://en.wikipedia.org/wiki/Labor_theory_of_value
Adam Smith, John Stuart Mill, and Karl Marx all agreed on the tendency of the rate of profit to fall.
https://wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to...