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022 _a0486-6134
100 _a2024
100 _aGaul, Michael
_9120791
245 2 _aA Discussion of Marx's Account of Technical Progress by Means of Wage Curves and Their Historical Evolution
260 _bReview of Radical Political Economics
260 _c2024
300 _a267-299
520 _aMarx's account of technical progress has been criticized by philosophers as being a metanarrative, by ecological economists as being unduly strong, by economists as being unduly weak, and by post-Sraffian authors as being ill-founded. This article discusses Marx's account of technical progress in light of these criticisms on a conceptual, theoretical, and empirical level, relying on the apparatus of wage curves. It argues that some of the critiques cannot be sustained, since the criticized positions cannot be attributed to Marx. The remaining critiques, in turn, amount to alternative predictions on the evolution of wage curves which are, however, and in contrast to those of Marx, not in line with empirical evidence, as the estimation of wage curves for thirteen countries from 2000 to 2013 shows.
650 _a Labor Theory of Value
_9120792
650 _a Technical Progress
_9765
650 _a Wage Curves
_9120793
650 _aKarl Marx
_9856
856 _uhttps://doi.org/10.1177/04866134231188585
999 _c133787
_d133787