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Confronting Neoclassical Myths about Self-employment in Latin America

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  • Gabriel V. Montes-Rojas

    ()
    (University of Illinois at Urbana–Champaign and City University London)

Abstract

This article analyzes the nature of micro-entrepreneurship in Argentina and relates it to the empirical evidence available for other Latin American countries. It focuses on whether the sector resembles the neoclassical view, characterized by the risk-taking nature of the entrepreneurial activity, or if it is a precarious form of employment of last resort. The evidence confronts the neoclassical view of the micro-entrepreneur sector. It is argued that self-employment should be interpreted as functional to the capital accumulation process and not as a residual activity.

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Bibliographic Info

Article provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.

Volume (Year): 42 (2010)
Issue (Month): 1 (March)
Pages: 50-65

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Handle: RePEc:sae:reorpe:v:42:y:2010:i:1:p:50-65

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Web page: http://www.urpe.org/

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Keywords: micro-firms; self-employment;

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