Uneven development, choice of technique, and generalized worldwide law of value

Knez, Klemen (avtor)

We address the issue of persistent uneven development from a Marxist perspective. First, we show the conceptual problems in applying the unmodified law of value to the international setting. Second, we propose a generalization of the global law of value by introducing an additional level of abstraction into the global valorization process—national abstract labor. Third, we examine broad cases of internationalization caused by deviations in productivity differences across industries from the average productivity differences across countries. We discover an endogenous national and international dynamic push toward specialization that perpetuates uneven development. The benefits of such specialization are skewed in favor of more developed countries, and the potential for technological improvement created by the global division of labor blocks technological progress in less developed countries.

• Jezik: Angleški jezik
• Ključne besede: uneven development, choice of technique, law of value, value of labor power, wage differentials
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: FDV - Fakulteta za družbene vede
• Različica publikacije: Objavljena publikacija
• Datum objave: 16.03.2024
• Leto izida: 2024
• Št. strani: Str. 405-426
• Številčenje: Vol. 56, no. 3
• PID: 20.500.12556/RUL-181149
• UDK: 331.2:330.368
• ISSN pri članku: 0486-6134
• DOI: 10.1177/04866134241234362
• COBISS.SI-ID: 273105667
• Datum objave v RUL: 26.03.2026

Gradivo je del revije

• Naslov: Review of radical political economics
• Skrajšan naslov: Rev. radic. polit. econ.
• Založnik: Union for Radical Political Economics
• ISSN: 0486-6134
• COBISS.SI-ID: 263961

Licence

• Licenca: CC BY 4.0, Creative Commons Priznanje avtorstva 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by/4.0/deed.sl
• Opis: To je standardna licenca Creative Commons, ki daje uporabnikom največ možnosti za nadaljnjo uporabo dela, pri čemer morajo navesti avtorja.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: Ekonomija, Plače, Družbena neenakost