Abstract
Marx treats the determinants of income distribution within the framework laid out by his classical predecessors, especially Smith and Ricardo. The classical framework did not, however, provide Marx with a single, logically consistent argument upon which he could base his own analysis. Instead, it incorporated elements of several distinct theories which lead in different directions. Marx continues along the different paths first cleared by Smith and Ricardo, at some points following one, at some points another. In this chapter, we investigate the different paths followed by Marx, seeing how they sometimes cross, sometimes meet, and sometimes take us in opposite directions.
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© 1988 Kluwer Academic Publishers
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Levine, D.P. (1988). Marx’s Theory of Income Distribution. In: Asimakopulos, A. (eds) Theories of Income Distribution. Recent Economic Thought Series, vol 12. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2661-5_3
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DOI: https://doi.org/10.1007/978-94-009-2661-5_3
Publisher Name: Springer, Dordrecht
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