The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Abstract and Concrete Labour

  • Anwar Shaikh
Living reference work entry
DOI: https://doi.org/10.1057/978-1-349-95121-5_478-1

Abstract

The reproduction of society requires the production and distribution of the mass of products which forms the material basis of its existence. This in turn means that each society must somehow ensure that its available social labour time is regularly directed, in particular quantities and proportions, towards the specific applications needed to ensure social reproduction. As Marx points out, ‘every child knows that a nation which ceased to work … even for a few weeks, would perish’ (Marx 1867a).

Keywords

Adjustment Cost Exchange Relation Labour Time Individual Labour Social Content 
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References

  1. Marx, K. 1867a. Capital, vol. I, 1st ed., ch. 1 and Appendix to ch. 1. In Value: Studies by Karl Marx. Trans. and Ed. A. Dragstedt. London: New Park Publications, 1976.Google Scholar
  2. Marx, K. 1867b. Capital, vol. I. Introduced by E. Mandel. London: Penguin, 1976, ch. 1.Google Scholar
  3. Marx, K. 1879. Marginal notes to A. Wagner’s textbook on political economy. In Value: Studies by Karl Marx. Trans. and Ed. A. Dragstedt. London: New Park Publications, 1976.Google Scholar

Copyright information

© The Author(s) 1987

Authors and Affiliations

  • Anwar Shaikh
    • 1
  1. 1.