000 01395nam a2200229Ia 4500
008 240826s9999||||xx |||||||||||||| ||und||
022 _a0486-6134
100 _a2024
100 _aQuentin, Clair
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245 0 _aUnproductive Labor and the Smile Curve
260 _bReview of Radical Political Economics
260 _c2024
300 _a247-266
520 _aA production boundary consistent with Marx's theory of value may be drawn around labor that is quantitatively predicated by output at the point of exchange, as opposed to being merely causally predicated. The key difference between that production boundary and received Marxist doctrine on unproductive labor is that all other labor is excluded, rather than only such other labor that also falls to be treated as forming part of the "sphere of circulation." Alternatively put, both sides of the "smile curve" are unproductive of value, rather than just the right-hand side. This conclusion substantiates the analytical nexus as between material production and global inequality to be found in critical global value chain literature.
650 _a Global Value Chains
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650 _a Intangible Assets
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650 _a Material Production
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650 _a Unproductive Labor
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650 _a Value Theory
650 _aInequality
856 _uhttps://doi.org/10.1177/04866134231197671
999 _c133786
_d133786