Source: wikibot/okishio-s-theorem
= Okishio's theorem
{wiki=Okishio's_theorem}
Okishio's theorem is an economic theorem proposed by the Japanese economist Yoshio Okishio in the 1960s. The theorem addresses the relationship between technological change, the rate of profit, and the value of goods in a capitalist economy. It specifically concerns the effects of technical progress on the profitability of firms.