Production and the Appropriation of Value in Argentina: The Role of Real Wage Depression

From a historical perspective and by international comparison, this article seeks toanalyze some of the most noteworthy features of the capital accumulation process in Argentina, emphasizing events since the mid-1960s. In the context of the stagnation of value production, the main outcome has been t...

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Detalles Bibliográficos
Autor: Kennedy, Damián
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Problemas del Desarrollo. Revista Latinoamericana de Economía
Idioma:español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/43811
Acceso en línea:https://www.probdes.iiec.unam.mx/index.php/pde/article/view/43811
Access Level:acceso abierto
Palabra clave:Value theories
social product
functional distribution
real wages
productivity
Teorías del valor
producto social
distribución funcional
salario real
productividad
Descripción
Sumario:From a historical perspective and by international comparison, this article seeks toanalyze some of the most noteworthy features of the capital accumulation process in Argentina, emphasizing events since the mid-1960s. In the context of the stagnation of value production, the main outcome has been that impairment to real wages from this inflection point has constituted an extraordinary source of surplus. This phenomenon is a necessary condition for the accumulation process in light of low dynamism relative to productivity, and is a factor common to the different economic schemes that have been adopted, beyond other features that could be judged as more or less beneficial.