Is There a Falling Rate of Profit?

Stagnation is a word that it might behoove us to define more precisely. US output growth and productivity growth has been lower in the last you know couple decades than it was during the so-called golden age of capitalism. A comparison I think really sharpens the question is to look at the US versus a country like Italy if you look at Italy GDP per capita right the sort of national income for every head is lower now than it was in the late 90s Right? So we should consider whether there's a political difference an important economic difference between a country likeItaly which is seen as literal stagnation and a country like the United States which has seen slowing growth relative to a couple decades