A Theory of Surplus Labour
نویسنده
چکیده
منابع مشابه
Marx ’ s Theory of Productive and Unproductive Labour 47
This essay will attempt, first and foremost, a definitive exposition of Marx’s theory of productive and unproductive labour.1 This theory is presented in the three volumes of Capital and in Theories of Surplus Value—Marx’s projected historico-critical fourth volume.2 This seems useful and necessary for several reasons. First, as one of the most suspect legacies of classical political economy, i...
متن کاملExternalities, Earnings and Surplus Labour in Jamaica: An Update
This paper justifies and specifies testable hypotheses about the relationship between the individual wage and the average level of subsistence productivity in the Jamaican labour market, as well as the degree of competitiveness. First, a framework is derived as a mathematical-economic model that links the marginal product of labour to the scale of unemployment or subsistence employment through ...
متن کاملSurplus Labour and Lewis Turning Points in China
It has been widely recognized that China has had a large pool of surplus labour. However, despite its significant implications for wage levels and the Chinese economy, the current debates yield conflicting results as to whether the Lewis turning point has been reached. This paper clarifies a theoretical issue about the mechanisms of surplus labour absorption, subsequently indentifies two Lewis ...
متن کاملThe Puzzle of Migrant Labour Shortage and Rural Labour Surplus in China
The paper examines the contentious issue of the extent of surplus labour that remains in China. China was an extreme example of a surplus labour economy, but the rapid economic growth during the period of economic reform requires a reassessment of whether the second stage of the Lewis model has been reached or is imminent. The literature is inconclusive. On the one hand, there are reports of mi...
متن کاملNo . 2007 / 82 China , South Africa and the Lewis Model
The paper uses the Lewis model as a framework for examining the labour market progress of two labour-abundant countries, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural-urban divides, forms of migrant labour, rapid rural-urban migration, and high and rising real wages in the formal sector, the two economies are surprising...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2008