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This paper examines certain theoretical questions and issues relating to Marx's conception of wages under competitive … and labour productivity is captured by the notion of absolute real wages. Marx, however, considered relative real wages to … classical school's bare minimum subsistence level, or a physically determined minimum. Next, the paper discusses Marx …
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This book develops John Rawls’s theory of justice by adding reality-based analyses. This is accomplished by answering the question of who makes rules and how, and by providing new answers to three of today’s most practical and critical issues. The question of who and how makes rules is...
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