• Korean journal of communication and information
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• v.34
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• pp.7-33
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• 2006

This paper try to explain the phenomenon on convergence of broadcasting and telecommunication by the law of the tendential fall in the rate of profit. With the progressive decline in the variable capital in relation to the constant capital in the sphere of the telecommunication, this tendency leads to a rising organic composition of the total capital, and the direct result of this is that the rate of surplus-value, with the level of exploitation of labour remaining the same or even rising, is expressed in a steadily falling general rate of profit. The reason to apply this law is to inquire into the true state of the phenomenon on convergence of broadcasting and telecommunication showed like the disorderly development.