The Fundamental Contradiction in the Neoclassical Theory of Income Distribution
- 1 July 1977
- journal article
- Published by SAGE Publications in Review of Radical Political Economics
- Vol. 9 (2) , 39-64
- https://doi.org/10.1177/048661347700900205
Abstract
This paper proves that the neoclassical concept of factor produc tivity cannot be used to show that competition and exploitation are mutually ex clusive phenomena. Consequently, no theoretical basis exists for the neoclassical theory of income distribution.Keywords
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