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The Stages of Evolution of the Labour Content

Author

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  • Florin Marius PAVELESCU

    (Institute on National Economy, Bucharest, Romania)

Abstract

The paper analyses the evolution of the labour content from the historical point of view by adopting the concept of waves of human civilization defined by A. Toffler (1983). It is remarked that industrial revolutions generated crucial mutations in the labour content. It is detected a continuous increase of the degree of complexity of the systems of production organization as the labour force was less directly implied in the production of primary needs goods and energy sources and was more and more allocated to the activities concerning the processing of the informations. In this context, the evolution of the labour content is not determinated only by the technological changes, but also by the other factors, such as the economic paradigms, labour market institutions and the features of the labour supply. A special attention is dedicated to the polarization of qualifications and to the role of the human capital in sustaining the long run economic growth. It is revealed the importance of the adequate definition of labour content in order to ensure the rational use of labour resources and the continuous growth of labour productivity.

Suggested Citation

  • Florin Marius PAVELESCU, 2019. "The Stages of Evolution of the Labour Content," Romanian Journal of Economics, Institute of National Economy, vol. 48(1(57)), pages 71-90, June.
    • Handle: RePEc:ine:journl:v:48:y:2019:i:57:p:71-90
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    More about this item

    Keywords

    Industrial revolution; value theory; system of production organization; institutional framework; teleworking; human capital;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
    • E - Macroeconomics and Monetary Economics
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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