Ep 119: Marx’s Falling Rate of Profit—Ralph Keller Calls Out Seth Ackerman's “Dead Dog Treatment”

The co-hosts welcome Ralph Keller, author of “Treating the TSSI Like a Dead Dog: A Response to Seth Ackerman,” which responds to a “Jacobin” piece by Ackerman. Ralph explains why he regards Ackerman’s conduct as “unscholarly” and “intellectual immorality.” He calls out Ackerman for ignoring the fact that the “Okishio theorem” has been disproven. He and the co-hosts discuss several related issues, including Marx’s ”failure” to prove that the rate of profit must fall. Toward the end of the interview, Andrew and Ralph discuss their forthcoming article that charges Ackerman with having egregiously misused simulation results to produce a revised rate of profit that skyrockets from 1985 onward. Plus current-events segment: Implications of Joe Biden’s Abysmal Debate Performance. SUMMER 2024 SCHEDULE: We intend to release new eps once a month, on the first Friday of the month. The next episode, Ep. 120, is slated for release on August 2. The regular schedule will resume with Ep. 121, slated for release on Sept. 6. Radio Free Humanity is co-hosted by Gabriel Donnelly and Andrew Kliman, and sponsored by Marxist-Humanist Initiative (https://www.marxisthumanistinitiative.org/ ).