Keynes, along with Adam Smith, Ricardo, Marx, and even the classical marginalists, believed that the long-term trend of the rate of profit was downward. However, Keynes and other marginalists gave different explanations than Marx for this tendency.
From a Marxist perspective
Keynes, along with Adam Smith, Ricardo, Marx, and even the classical marginalists, believed that the long-term trend of the rate of profit was downward. However, Keynes and other marginalists gave different explanations than Marx for this tendency.