Skip to main content Accessibility help
×
Hostname: page-component-8448b6f56d-42gr6 Total loading time: 0 Render date: 2024-04-19T14:04:21.572Z Has data issue: false hasContentIssue false

6 - A critical analysis of previous empirical studies

Published online by Cambridge University Press:  09 February 2010

Anwar M. Shaikh
Affiliation:
New School for Social Research, New York
E. Ahmet Tonak
Affiliation:
İstanbul Bilgi University, Turkey
Get access

Summary

The classical and Marxian traditions share the distinction between production and nonproduction labor. But Marx was particularly concerned with that portion of production labor which is productive of capital, since only this labor creates surplus value. The rest of labor is unproductive of capital, even though it may be wage labor (in distribution and state activities) or production labor (productive of value or of use value). Marx himself does not imply that productive labor is in any way superior to, or more necessary than, unproductive labor. But as we pointed out in Chapter 2, not all Marxists proceed in the same way. Most notably, Baran (1957, p. 32) redefines productive labor as labor that would be necessary under a “rationally ordered” (socialist) society. Marx's definition of productive labor is thereby replaced with a definition based on necessity, and the concept of surplus value is replaced with the concept of “surplus” – defined as the excess of the total product over essential personal and public consumption.

This chapter will analyze the various attempts to measure Marxian categories. In order to make the account manageable, we restrict ourselves to studies published in English, and to estimates of the rate of surplus value. Sharpe (1982a) covers some of the literature available in French, but a comprehensive worldwide survey remains to be done. The Japanese are pioneers in this regard.

Type
Chapter
Information
Measuring the Wealth of Nations
The Political Economy of National Accounts
, pp. 152 - 209
Publisher: Cambridge University Press
Print publication year: 1994

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×