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The Rehn-Meidner Model of Wage and Productivity Policy. A Sraffian Analysis

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  • Zoltàn Pogàtsa

Abstract

The mainstream neoclassical school treats labour as any other commodity, where demand and supply meet on a voluntary and equal basis. It also assumes that the best method for its allocation is open market coordination. The paper first outlines the epistemological faults in this model. It then continues to discuss the alternative model, as charted by two Swedish economists, Gösta Rehn and Rudolf Meidner.

Suggested Citation

  • Zoltàn Pogàtsa, "undated". "The Rehn-Meidner Model of Wage and Productivity Policy. A Sraffian Analysis," Working Papers 0034, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    • Handle: RePEc:ast:wpaper:0034
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    1. Robert Solow, 2000. "Unemployment in the United States and in Europe - A Contrast and the Reasons," CESifo Working Paper Series 231, CESifo.
    2. Robert Solow, 2000. "Unemployment in the United States and in Europe : a contrast and the reasons ; the European unemployment problem," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(01), pages 3-5, October.
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