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Author:Bellofiore, R.
Forges Davanzati, G.
realfonzo, R.
Title:Marx inside the circuit: discipline device, wage bargaining and unemployment in a sequential monetary economy
Journal:Review of Political Economy
2000 : OCT, VOL. 12:4, p. 403-417
Index terms:Marxian economics
Collective bargaining
Labour
Value theory
Unemployment
Monetary economics
Language:eng
Abstract:The aim of this paper is to show that Marzian labour theory of value can be consistently interpreted in terms of the monetary circuit model, where firms need initial finance to start production and where the money supply is endogenous.
SCIMA record nr: 218126
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