IDEAS home Printed from https://ideas.repec.org/p/car/carecp/02-05.html
   My bibliography  Save this paper

Economic Organization, Distribution And The Equality Issue: The Marx-Engels Perspective

Author

Abstract

My first concern is the treatment of distribution by Marx and Engels within the general framework of ‘Historical Materialism’. To set the stage I deal briefly with their rejection of egalitarian schemes based on ‘justice’ or ‘morality’ (Section II.1),and then proceed to their objections on grounds of the impossibility of divorcing distribution from conditions of production and the related exchange system. I demonstrate first that growing inequality is accorded a strategic and essential role in the evolution of a capitalist-exchange economy (II.2). (In any event, Marx and Engels seem to have downplayed the quantitative significance for labour even of major transfers.) That the pattern of distribution could not be altered unilaterally without damaging consequences for production, is then shown to govern their hostility to schemes of Communist organization entailing wages paid according to‘equal right’ and ‘the undiminished proceeds of labour’ (II.3). In brief, Marx’s Communism in its first phase (sometimes referred to as the Socialist phase), when there remains a residual influence exerted by the preceding institution 1 , would recognize the essential inequality of labour on grounds of efficiency and growth; the celebrated dictum ‘from each according to his abilities to each according to his needs’ applied only in a utopian phase. Engels’ rendition of these themes is approached in terms of his critique of Duhring (III).

Suggested Citation

  • Samuel Hollander, 2002. "Economic Organization, Distribution And The Equality Issue: The Marx-Engels Perspective," Carleton Economic Papers 02-05, Carleton University, Department of Economics.
  • Handle: RePEc:car:carecp:02-05
    as

    Download full text from publisher

    File URL: http://www.carleton.ca/economics/wp-content/uploads/cep02-05.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vaughn, Gerald F., 1998. "In Review," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 13(2), pages 1-1.
    2. Hayek, F. A., 1997. "Socialism and War," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320588 edited by Caldwell, Bruce, September.
    3. Howard, M C & King, J E, 2001. "Where Marx Was Right: Towards a More Secure Foundation for Heterodox Economies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(6), pages 785-807, November.
    4. A. P. Lerner, 1934. "Economic Theory and Socialist Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 2(1), pages 51-61.
    5. Bruce Caldwell, 1997. "Hayek and Socialism," Journal of Economic Literature, American Economic Association, vol. 35(4), pages 1856-1890, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Boettke, Peter J. & Candela, Rosolino A., 2023. "On the feasibility of technosocialism," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 44-54.
    2. Richard M. Ebeling, 2020. "The Geneva connection, a liberal world order, and the Austrian economists," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 535-554, December.
    3. Viktor Vanberg, 2015. "Schumpeter and Mises as ‘Austrian Economists’," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 91-105, January.
    4. Stefan Kolev & Nils Goldschmidt & Jan-Otmar Hesse, 2020. "Debating liberalism: Walter Eucken, F. A. Hayek and the early history of the Mont Pèlerin Society," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 433-463, December.
    5. Mikayla Novak, 2021. "Social innovation and Austrian economics: Exploring the gains from intellectual trade," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(1), pages 129-147, March.
    6. Richard M. Ebeling, 2021. "Socialism-in-practice was a nightmare, not Utopia: Ludwig von Mises’s critique of central planning and the fall of the Soviet Union," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(4), pages 431-448, December.
    7. Chris Grocott, 2017. "Friedrich Hayek's fleeting foray into 1940s colonial development," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 24(5), pages 1085-1106, September.
    8. Makovi, Michael, 2016. "The Freedom of the Prices: Hayek's Road to Serfdom Reassessed," MPRA Paper 72071, University Library of Munich, Germany.
    9. Zhihong Mo, 2012. "Decentralized planning in a market economy? On the nature of Coase’s research program," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 115-129, June.
    10. Stavros Ioannides, 2000. "Austrian Economics, Socialism and Impure Forms of Economic Organisation," Review of Political Economy, Taylor & Francis Journals, vol. 12(1), pages 45-71.
    11. Alexandre Chirat & Basile Clerc, 2023. "Convergence on inflation and divergence on price-control among Post-Keynesian pioneers: insights from Galbraith and Lerner," EconomiX Working Papers 2023-4, University of Paris Nanterre, EconomiX.
    12. Jael, Paul, 2015. "Socialist Calculation and Market Socialism," MPRA Paper 64255, University Library of Munich, Germany.
    13. Fiori Stefano, 2005. "The emergence of instructions : some open problems in Hayek's theory," CESMEP Working Papers 200504, University of Turin.
    14. Anupam Das Gupta & Syed Moudud-Ul-Huq, 2020. "Do competition and revenue diversification have significant effect on risk-taking? Empirical evidence from BRICS banks," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 7(01), pages 1-28, March.
    15. Peter Zweifel & H. E. Frech, 2016. "Why ‘Optimal’ Payment for Healthcare Providers Can Never be Optimal Under Community Rating," Applied Health Economics and Health Policy, Springer, vol. 14(1), pages 9-20, February.
    16. Daniel Finn, 2003. "The moral ecology of markets: on the failure of the amoral defense of markets," Review of Social Economy, Taylor & Francis Journals, vol. 61(2), pages 135-162.
    17. Plamen Tchipev, 2006. "Evolutionary and Institutional Analysis of the Scarcity Concept in the Contemporary Paradigm of the Neoclassical Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 109-120.
    18. Innset, Ola, 2023. "Dual Argument, Double Truth: On the continued importance of the state in neoliberal thought," SocArXiv kyvdm, Center for Open Science.
    19. Michael Makovi, 2015. "George Orwell as a Public Choice Economist," The American Economist, Sage Publications, vol. 60(2), pages 183-208, September.
    20. Usman Bashir & Shoaib Khan & Abdulhafiz Jones & Muntazir Hussain, 2021. "Do banking system transparency and market structure affect financial stability of Chinese banks?," Economic Change and Restructuring, Springer, vol. 54(1), pages 1-41, February.

    More about this item

    Keywords

    Marx; Engels; Socialism; Transition; Equality; Hayek; Mises;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:car:carecp:02-05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Court Lindsay (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.