The limits of workers’ share in profits

Francisco Paulo Cipolla ()

Brazilian Journal of Political Economy, 2007, vol. 27, issue 4, 616-632

Abstract: The limits of workers’ share in profits. This article argues that workers´ share in profits are actually a share in extra surplus value obtained by means of more intensified labor. Cost reductions obtained by means of more intensified lean production methods cause wages to represent a smaller fraction of the product of a working day when measured at market value. The increased market rate of surplus value is the basis for workers´ shares in profits. However, as competition continuously levels out such advantages, the share in profits becomes dependent on a continuous strive to reducing costs and intensifying labor. JEL Classification: J33.

Keywords: Labor intensity; extra surplus value; participation in profits (search for similar items in EconPapers)
Date: 2007
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