Skilled Labour and the Reduction Problem

Empirical estimates derived in line with the Marxist framework are essential to fully address several topics, from dynamics of profit and exploitation rates unequal exchange, crisis strategies. Edward Ochoa presented implemented a pioneering practical proposal perform such strand calculations widely available input–output data. That leveraged method has become widespread empirical studies. This article focuses on controversial aspect proposal: reduction skilled or complex simple unskilled labour. After critical dialogue theoretical point view, this provides estimate comparisons based data for period 1995 2009, discusses alternative proposals stresses their virtues caveats, pointing strength methods that don’t rely wage indexes future paths research needed.