A Mathematical Interpretation of Marxian Unproductive Labour
Bibliographic Data
| ID | 9724285 |
|---|---|
| Authors | Ludo Cuyvers (corresponding author) |
| Year | 1978 |
| Volume | 45 |
| Issue | 177 |
| Pages | 71 |
| Publication date | 1978-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2553255 |
| OpenAlex | W2993932488 |
| Language | EN |
| Citations received | 1 |
| References cited | 5 |
Marx's theory of unproductive labour is incomprehensible without a proper understanding of his dual theory of value. Hence, the mathematical analysis of his model of value and growth is a useful and instructive investigation. Up to now, however, no attempt has been made to grasp the basic distinction between productive and unproductive labour in terms of matrix algebra. We hope this paper will fill this gap. It will be shown that Marx's distinction between productive and unproductive labour follows from his dual theory of labour value and use-value. Once this theory is formulated in terms of matrix algebra, it will be shown that Marx's results are confirmed without any further ideological digression. We will also consider the rate of profit formula developed by Morishima and Seton (1961) in the light of our previous results. In a last section some hints will be given for a less abstract mathematical analysis of unproductive labour today
Dual (grammatical number) · Economics · Epistemology · GRASP · Ideology · Interpretation (philosophy) · Labor theory of value · Mathematical economics · Matrix (chemical analysis) · Neoclassical economics · Profit (economics) · Profit rate · Rate of profit · Use value · Value (mathematics) · Value theory · Computer Science · Law · Mathematics · Philosophy · Political Economy and Marxism
The theory of capitalist development
Aggregation in Leontief Matrices and the Labour Theory of Value
Marx in the Light of Modern Economic Theory
TGF-β Prodomain Alignments Reveal Unexpected Cysteine Conservation Consistent with Phylogenetic Predictions of Cross-Subfamily Heterodimerization
The Falling Rate of Profit
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,17 |
| Citation span | 2020 - 2020 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |