THE FOOLING RATE OF PROFIT!
(From the Party’s Summer School 2016 Brochure)
An erudite exposition of exacting economics.
The fooling rate of profit is,
A bugger to discern;
As counter data is employed,
To alter what firms earn.
For some its movement up or down’s,
An economic jinx;
And some results are prejudiced,
By what each ‘expert’ thinks.
The classical economists,
United, one and all;
Have said the overall tendency,
Was that of a slow fall.
Today their humble counterparts,
Lack the same open mind;
As they all know who pays the dough,
Affects the facts they find!
Thus some will say that the ‘Big C’,
Is in a ‘Steady State’;
And that there won’t be a ‘Big Bang’,
Before it is too late.
Some Lefties hope the system will,
Die of its own accord;
But that’s a thing King Capital,
And rulers can’t afford!
Thus the ‘Free Market’ by itself,
Won’t fall right through the floor;
Nor will the ‘Marxist Corbynman’
Destroy it at its core.
Re prophets who have prophesied,
The profits mode will sink;
The profits system might end when,
Such prophets start to think!
© Richard Layton