scholarly journals Merit goods and excise taxation in quasilinear markets for complementary private consumption

2020 ◽  
Vol 44 (4) ◽  
pp. 551-566
Author(s):  
Gerasimos T. Soldatos ◽  
2016 ◽  
Vol 46 (185) ◽  
pp. 621-638 ◽  
Author(s):  
Christian Siefkes

The ‘Fragment on Machines’ from Marx’s Grundrisse is often cited as an argument that the internal forces of capitalism will lead to its doom. But the argument that the progressive reduction of labor must doom capitalism lacks a proper foundation, as a comparison with the ‘Schemes of Reproduction’ given in Capital II shows. The latter, however, aren’t fully convincing either. In reality, more depends on the private consumption of capitalists than either model recognizes. Ultimately, most can be made of the ‘Fragment on Machines’ by reading it not as an exposure of capitalism’s internal contractions, but as a discussion of a possible communist future where labor (or work) will play but a minor role.


Author(s):  
Stylianos Asimakopoulos ◽  
Marco Lorusso ◽  
Luca Pieroni

2015 ◽  
Vol 07 (04) ◽  
pp. 52-64
Author(s):  
Chien-Hsun CHEN

The benefits deriving from rapid economic growth have chiefly accrued to capital returns. Consequently, the decline in the share of Chinese gross domestic product (GDP) accounted for by labour income has been most pronounced. To sustain growth, China will have to ensure robust consumption. Increasing the labour share in GDP and hence promoting domestic consumption will play a decisive role in rebalancing China’s economy.


2011 ◽  
Vol 30 (6) ◽  
pp. 565-578 ◽  
Author(s):  
Simeon Vosen ◽  
Torsten Schmidt

2007 ◽  
Vol 94 (2) ◽  
pp. 220-225 ◽  
Author(s):  
Robert-Paul Berben ◽  
Teunis Brosens

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