12. Capitalism Microeconomics: Marxian exploitation theory, economic history and the businessmen

Update: 2020-09-18

Description

The division of labor and the concept of productive activity. Exposition and critique of the Marxian exploitation theory. The productivity theory of wages. Labor unions and labor legislation. A reinterpretation of modern economic history. The productive functions of businessmen and capitalists, of retailing, wholesaling, and advertising.

READINGS

Reisman: Chapters 11 and 14

von Mises, Human Action: pp. 592-623, 628-634, 769-779

Optional: Samuelson, Chapter 13

Comments

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12. Capitalism Microeconomics: Marxian exploitation theory, economic history and the businessmen

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12. Capitalism Microeconomics: Marxian exploitation theory, economic history and the businessmen

George Reisman

12. Capitalism Microeconomics: Marxian exploitation theory, economic history and the businessmen