Explaining Levels of Inequality in OECD Nations by Using Rates of Surplus Value and Profit to Wage Ratios
Two important concepts in the Marxist and Neo-Marxist literature are surplus value (S/V) and the profit to wage (P-W) ratio. It has always been understood that these variables are related to the levels of unemployment/underemployment, poverty, and inequality within a society, but there have been no...
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| Format: | Article |
| Language: | English |
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Pluto Journals
2012-09-01
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| Series: | World Review of Political Economy |
| Online Access: | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.3.3.0313 |