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This paper reviews recent economic policy debates about the relationship between growth, poverty and inequality. These debates have tended to focus on whether market-led growth is sufficient to eliminate poverty and reduce inequality, or whether specific policies are necessary because untargeted...
Persistent link: https://www.econbiz.de/10008693993
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Persistent link: https://www.econbiz.de/10005583712
This article explains Marx´s theory of surplus value and exploitation. These variables are aggregates defined by class relations, rather than being derived from individual subsistence needs, wages or profits. It also surveys different conceptions of the value of labour power, the bundle and the...
Persistent link: https://www.econbiz.de/10004988668