Economic Incentives to Labour

J. Wilczynski

Chapter 7 in Socialist Economic Development and Reforms, 1972, pp 108-123 from Palgrave Macmillan

Abstract: Abstract As is well known, Marx in his writings had a vision of an egalitarian society in which there would be no distinction between the remuneration of skilled and unskilled, of mental and physical, of urban and rural labour, but in which work and income would be governed by the principle ‘from each according to his ability, to each according to his needs ’.1 After the Bolshevik Revolution, attempts were made to turn Marx’s dream into reality. But the experiments proved unworkable, with disastrous effects on work discipline and production.

Keywords: Minimum Wage; Economic Incentive; Socialist Country; Incentive Payment; Social Consumption (search for similar items in EconPapers)
Date: 1972
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DOI: 10.1007/978-1-349-01255-8_7

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