| 000 | 01604nas a2200205Ia 4500 | ||
|---|---|---|---|
| 008 | 241128c99999999xx |||||||||||| ||und|| | ||
| 022 | _a0486-6134 | ||
| 100 |
_aKnez, Klemen _9124098 |
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| 245 | 0 | _aUneven Development, Choice of Technique, and Generalized Worldwide Law of Value | |
| 260 | _bReview of Radical Political Economics | ||
| 260 | _c2024 | ||
| 300 | _a405-426 | ||
| 520 | _aWe 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 |
_a Choice of Technique _959290 |
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| 650 |
_a Law of Value _9124099 |
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| 650 |
_a Uneven Development _942011 |
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| 650 |
_a Value of Labour Power _9124100 |
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| 650 |
_aWage Differentials _91731 |
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| 856 | _uhttps://doi.org/10.1177/04866134241234362 | ||
| 999 |
_c134677 _d134677 |
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