This paper proves that the neoclassical concept of factor produc tivity cannot be used to show that competition and exploitation are mutually ex clusive phenomena. Consequently, no theoretical basis exists for the neoclassical theory of income distribution.

The collection includes both refereed articles and review essays. The articles highlight research on the role of western economic advisors in China before the Communist Revolution (Paul Trescott), John Ryan on minimum wage legislation, a symposium on Clement Juglar, and a comparison of recent...