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On the Marxist View of Labor-Capital Relations: Modern Approach
https://doi.org/10.32609/0042-8736-2004-12-131-140
Abstract
Karl Marx saw only one aspect of the whole variety of relationships between labor and capital — the conflict leading to revolution. These relationships can be viewed as a game under the "prisoners' dilemma" situation where two main strategies of both parties are to conflict or to cooperate. Within this theoretical framework, different outcomes from partial and general equilibrium point of view are considered in the article. The cooperative outcome is treated as the only Pareto-efficient.
About the Authors
N. Rozanova
State University - Higher School of Economics
Russian Federation
Russian Federation
A. Nazarenko
State University - Higher School of Economics
Russian Federation
Russian Federation
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For citations:
Rozanova N., Nazarenko A. On the Marxist View of Labor-Capital Relations: Modern Approach. Voprosy Ekonomiki. 2004;(12):131-140. (In Russ.) https://doi.org/10.32609/0042-8736-2004-12-131-140
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