Data publikacji : 2024-01-25

Profit-seeking vs Innovation

Myroslava Soldak



Danylo Cherevatskyi

https://orcid.org/0000-0003-4038-6393

Denys Lypnytskyi

https://orcid.org/0000-0002-4616-7936

Abstrakt

 The goal of this work is a qualitative assessment of the relationship between
technical growth and the economic well-being of the industry in its historical development.
The most important conclusion of Marx’s theory of capitalism is that the rate of profit
would tend to decline over time as a result of technological change. The coal industry is
like a laboratory in which a technological and economic experiment has been carried out
during more than a century. The following idea was put forward: an increase in the level
of production mechanization leads to a decrease in coal mining profitability. Assessment
based on the coal mining of Great Britain, Germany, Ukraine, Poland, Australia, and the
USA study and assuming the experience. Summarized that, coal mining is becoming more
and more mechanized… and unprofitable. The results of long-term innovative development of the global coal industry do not contradict Marx’s tendency of the rate of profit to
decrease.




Szczegóły

Bibliografia

Statystyki

Autorzy

Pobierz pliki

pdf (English)

Zasady cytowania

Soldak, M., Cherevatskyi, D., & Lypnytskyi, D. (2024). Profit-seeking vs Innovation. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 101(2). https://doi.org/10.58683/dnswsb.606

Wskaźniki altmetryczne


Cited by / Share



Wydawca
Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
Uczelnia
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

O platformie:
Copyright 2022 by Uniwersytet WSB Merito w Poznaniu / WSB Merito University
OJS Support and Customization by LIBCOM
Platform & Workfow by OJS/PKP