Class, Surplus, and the Division of Labour: A Post-Marxian by Michal Polák (auth.)

By Michal Polák (auth.)

The conventional Marxian photo of a two-class polarisation turns out some distance faraway from trendy assorted society. Re-examining the very foundations of the Marxian thought within the method, the writer argues that very important opinions can fruitfully be understood and to complete the objective, he extends the normal strategies in cutting edge and unique ways.

Show description

Read Online or Download Class, Surplus, and the Division of Labour: A Post-Marxian Exploration PDF

Similar economic theory books

Development of Economic Analysis

Now in its 7th version, Ingrid Rima's vintage textbook charts the advance of the self-discipline from the classical age of Plato and Aristotle, throughout the heart a while to the 1st flowering of economics as a special self-discipline - the age of Petty, Quesnay and Smith - to the period of classical economics and the marginalist revolution.

Piero Sraffa's Political Economy: A Centenary Estimate (Routledge Studies in the History of Economics)

A century after his start, this quantity provides a re-evaluation of the lifestyles and paintings of Piero Sraffa, one of many nice economists of the 20 th century.

Transforming Economics: Perspectives on the Critical Realist Project (Economics As Social Theory)

Economics has develop into polarised. at the one hand there's a physique of economists who drawback themselves with progressing their self-discipline through an expanding use of mathematical modelling. nonetheless, there are economists who think passionately that during order for economics to be worthwhile it must take account of its heritage, its influence on society and its actual international functions.

Extra info for Class, Surplus, and the Division of Labour: A Post-Marxian Exploration

Example text

We would not need to know anything about exploitative relations, and we could still identify the three basic classes and the contradictory locations using It’s Not What You Have, It’s What You Do 33 just Wright’s dimensions of control. The division-of-labour concept of classes thus entirely displaces exploitation as the basis for the class relation in Wright’s initial formulation of his theory. A reformulation: multiple exploitations Now it is precisely this fact that Wright came to consider a problem for his conceptualisation.

Had he adopted the Sraffian standpoint, it would be easy to see that the wage can still be understood as the cost of reproduction of labour-power, while profit is equivalent to the surplus product produced by the (collective) labour-power; this clearly implies that above-standard wages need be in no way the result of ‘exploitation’, but rather the lessening of it, precisely as required. However, even under the purely neoclassical approach Wright’s reasoning is faulty. The marginal product of labour is the notional measure of the effectiveness of additional labour, not the product of any actual workers (which might be better measured by the average product).

It is not and cannot be suggested by Wright that they also appropriate someone else’s labour by a mechanism different from the capitalist wage-labour. If it were, then the argument above against contradiction would apply, and such people would be party to multiple modes of exploitation without any contradiction in their own interests. Wright’s self-criticisms On the basis of his conception of exploitation Wright proceeded to identify classes and contradictory class positions. However, he also described 40 Class, Surplus, and the Division of Labour unresolved problems, some of which in fact later on (Wright 1989) led him to draw back from this conceptualisation.

Download PDF sample

Rated 4.53 of 5 – based on 11 votes