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Unpaid family labor and self-employment: Two multi-sector models of capitalist reproduction and endogenous cycles

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  • Cajas Guijarro, John

Abstract

This paper presents two sectoral models of endogenous cycles that illustrate the relevance of unpaid family labor and self-employment for capitalist extended reproduction. In Model A, Sector 1 produces capital goods, Sector 2 produces consumption goods, and Sector 3 includes unpaid family labor producing consumption goods to improve working-class subsistence. In addition, Model B includes Sector 4 of self-employed who produce consumption goods and accumulate capital. The paper analytically proves that unpaid labor contributes to the stability of capitalist cycles, and it illustrates how self-employment may improve working-class living standards during the upper stage of these cycles.

Suggested Citation

  • Cajas Guijarro, John, 2022. "Unpaid family labor and self-employment: Two multi-sector models of capitalist reproduction and endogenous cycles," MPRA Paper 116581, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116581
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    References listed on IDEAS

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    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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