Credit Speeds Up Capital Turnover, Boosting Profits in Capitalism
The paper argues that the time it takes for money to go through production and sales is often overlooked in discussions about why profits fall in capitalism. This time, called the turnover period, can actually help boost profits by making money move faster. The authors suggest that if Karl Marx had written his books again, he would have talked more about how using credit can speed up this turnover period and help businesses make more money.