THE DYNAMICS OF THE PROFIT MARGIN IN SOCIO-ECONOMIC CYCLES

Abstract

The paper considers the dynamics of the profit margin in the context of large socio-economic cycle’s development on the example of the United States. It is identified that periods of declining profit margins coincide with the development periods of downward waves of the large socio-economic cycles and the periods of increase - with the development periods of upward waves. At the same time the most important factors influencing the dynamics of the profit margin in the XX - XXI centuries are the organic composition of capital and the financialization of the economy.