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Productive and unproductive labor: Marx´s positions on personal services

Adolfo Rodriguez Herrera

No 202103, Working Papers from Universidad de Costa Rica

Abstract: In Marx´s texts we can recognize three positions on the concept of productive labor, arising from his critique of Smith. These positions are incompatible with each other when considering the labor that provides personal services, of growing importance in contemporary capitalism. A return to the foundations of Marx´s theory of value is necessary to understand the concept of productive labor and to decipher one of the main determinants of value transfers between sectors and regions and of the ever-increasing inequality

Pages: 36 pages
Date: 2021-03, Revised 2021-03
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
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