Economic Organization, Distribution and the Equality Issue: The Marx-Engels Perspective

Economic Organization, Distribution and the Equality Issue: The Marx-Engels Perspective This paper has four related themes. It demonstrates that Marx's Communism in its first or Socialist phase would recognize the essential inequality of labour on grounds of efficiency and growth. It offers an explanation for the apparent paradox that Marx and Engels championed a fully-fledged control system notwithstanding appreciation of the allocation functions of a competitive market system. It highlights common ground relating to market process between Marx and Engels and the modern “classical liberals” Mises and Hayek. And it traces the evolutionary nature of the Marx-Engels perspective on transitions between and within economic systems. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Economic Organization, Distribution and the Equality Issue: The Marx-Engels Perspective

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Publisher
Springer Journals
Copyright
Copyright © 2004 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1023/B:RAEC.0000011335.86307.f2
Publisher site
See Article on Publisher Site

Abstract

This paper has four related themes. It demonstrates that Marx's Communism in its first or Socialist phase would recognize the essential inequality of labour on grounds of efficiency and growth. It offers an explanation for the apparent paradox that Marx and Engels championed a fully-fledged control system notwithstanding appreciation of the allocation functions of a competitive market system. It highlights common ground relating to market process between Marx and Engels and the modern “classical liberals” Mises and Hayek. And it traces the evolutionary nature of the Marx-Engels perspective on transitions between and within economic systems.

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Oct 18, 2004

References

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