Taking as guarantee that no one new world or society can be built upon old concepts and ideas, this paper seeks to attack one of the main pilar of the capitalistic world-economy: the scientific economicism. To do that, and coming along with Polanyi's ideas of fictitious commodity, we shall go further and reveal the logical inconsistencies and silents in the arguments of the economic science about the labor force as a commodity. These inconsistencies and silences can be found either in the Classical Political Economy or in the Marx' critique. Once Marx's influence on the anti-capitalist movements is outstanding, we need to show his contribution, through his economic thought, to the economistic fallacy. This contribution was inevitable since Marx had decided it was possible to explain the capitalistic society based upon the economic thought. As is well known, when proposed that the commodity sell by the worker was the "labor force" instead the labor as the classical economists used to say, Marx found a solution to the problem of the surplus value. It was the difference between the value created by the labor force and the value incorporated into the labor force. That's is the reason because the paper is specially concern with the failures or weaknesses present in one of the huge Marx contribution to the economics thought: the concept of labor force.
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Length: Date of creation: 2004 Date of revision: Handle: RePEc:anp:en2004:008
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Find related papers by JEL classification: B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary