Uneven Development, Choice of Technique, and Generalized Worldwide Law of Value (Record no. 134677)

MARC details
000 -LEADER
fixed length control field 01604nas a2200205Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 241128c99999999xx |||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 0486-6134
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Knez, Klemen
9 (RLIN) 124098
245 #0 - TITLE STATEMENT
Title Uneven Development, Choice of Technique, and Generalized Worldwide Law of Value
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Review of Radical Political Economics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 405-426
520 ## - SUMMARY, ETC.
Abstract 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.JEL Classification: B14, F00, F63, O14
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Choice of Technique
9 (RLIN) 59290
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Law of Value
9 (RLIN) 124099
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Uneven Development
9 (RLIN) 42011
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Value of Labour Power
9 (RLIN) 124100
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Wage Differentials
9 (RLIN) 1731
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1177/04866134241234362">https://doi.org/10.1177/04866134241234362</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134677
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        Dr VKRV Rao Library Dr VKRV Rao Library 28/11/2024 Vol. 56, No. 3   AI935 28/11/2024 28/11/2024 Article Index

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