{"title":"Labor Intensification and Value Production","authors":"Dong-Min Rieu","doi":"10.1177/04866134231225546","DOIUrl":null,"url":null,"abstract":"This article serves as a commentary on Basu, Haas, and Moraitis’s (BHM’s) analysis of labor intensification. While endorsing the ramifications of BHM’s differentiation between labor’s capacity to process inputs into output per unit of time and labor’s capacity to create value per unit of time, I augment the discourse by introducing two supplementary considerations. First, it is erroneous to directly extrapolate the outcomes of the one-sector model to those of the n-sector model. Second, the impact of labor intensification can be scrutinized through an alternative lens by relaxing the ceteris paribus assumption.JEL Classification: B14, B51, C02","PeriodicalId":46719,"journal":{"name":"Review of Radical Political Economics","volume":"20 1","pages":""},"PeriodicalIF":1.0000,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Radical Political Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1177/04866134231225546","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This article serves as a commentary on Basu, Haas, and Moraitis’s (BHM’s) analysis of labor intensification. While endorsing the ramifications of BHM’s differentiation between labor’s capacity to process inputs into output per unit of time and labor’s capacity to create value per unit of time, I augment the discourse by introducing two supplementary considerations. First, it is erroneous to directly extrapolate the outcomes of the one-sector model to those of the n-sector model. Second, the impact of labor intensification can be scrutinized through an alternative lens by relaxing the ceteris paribus assumption.JEL Classification: B14, B51, C02
期刊介绍:
The Review of Radical Political Economics (RRPE) promotes critical inquiry into all areas of economic, social, and political reality. As the journal of the Union for Radical Political Economics, RRPE publishes innovative research in political economy broadly defined including, but not confined to, Marxian economies, post-Keynesian economics, Sraffian economics, feminist economics, and radical institutional economics. We are actively seeking submissions concerned with policy, history of thought, and economics and the environment. RRPE reflects an interdisciplinary approach to the study, development, and application of radical political economic analysis to social problems.