New study challenges belief that zero growth can lead to profit
The article critiques a study on zero growth and structural change in a post-Keynesian growth model. It questions the ability of the model to show that zero growth can coexist with a positive net rate of profit. The researchers discuss the challenges in creating a profit-led growth regime in this model and how introducing capital depreciation affects its stability. Ultimately, the study finds that the proposed model does not support the idea that zero growth can lead to a positive net rate of profit.