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Unformatted text preview: Mood Theory (Alec Lawrence McFie) War most likely when things are going well economically (cycle upswing) Based on examination of European wars between 1848-1918. Two reasons why war most likely during periods of economic expansion: (a) ability (b) self-confidence. Critique : (a) historically true? (b) logically compelling? Marxian theory (Lenin) Profits depend on ratio of variable (v) to constant capital (c). Only variable capital produces surplus value (s). Total value: V=s+c+v; profit rate: p=s/(c+v) Profit rates tend to decline. Imperialist (i.e. colonial expansion) may be the solution. Critique : (a) historically true (WWI, LDCs)? (b) profit rates dont really decline....
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This note was uploaded on 02/15/2012 for the course POL 003 taught by Professor Nincic during the Fall '08 term at UC Davis.
- Fall '08