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The Stages of Evolution of the Labour Content

Florin Pavelescu ()

Romanian Journal of Economics, 2019, vol. 48, issue 1(57), 71-90

Abstract: The paper analyses the evolution of the labour content from the historical point of view by adopting the concept of waves of human civilization defined by A. Toffler (1983). It is remarked that industrial revolutions generated crucial mutations in the labour content. It is detected a continuous increase of the degree of complexity of the systems of production organization as the labour force was less directly implied in the production of primary needs goods and energy sources and was more and more allocated to the activities concerning the processing of the informations. In this context, the evolution of the labour content is not determinated only by the technological changes, but also by the other factors, such as the economic paradigms, labour market institutions and the features of the labour supply. A special attention is dedicated to the polarization of qualifications and to the role of the human capital in sustaining the long run economic growth. It is revealed the importance of the adequate definition of labour content in order to ensure the rational use of labour resources and the continuous growth of labour productivity.

Keywords: Industrial revolution; value theory; system of production organization; institutional framework; teleworking; human capital (search for similar items in EconPapers)
JEL-codes: B20 D46 E J24 O14 O33 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:ine:journl:v:48:y:2019:i:57:p:71-90