THE FOOLING RATE OF PROFIT! (weekly poem)

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