Neoclassical and Marxian Conceptions of Production
Incorporating information deficiencies into the neoclassical paradigm has introduced some broad similarities with the Marxian analysis of the labor process. Both approaches predict the existence of a variety of contractual regimes and that workers with equal productivities can be adjudged unequal in the market place. And, while the Marxian approach sees unemployment as inevitable, the new neoclassical models also allow for equilibrium unemployment. These similarities, and areas of divergence, in the assessment of productive efficiency and welfare are explored. A crucial difference arises from the individualism of the neoclassical model, as opposed to the class approach in the Marxian model. Copyright 1988 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 12 (1988)
Issue (Month): 3 (September)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://www.cje.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:12:y:1988:i:3:p:299-312. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.