Abstract
The production of goods and services is imperative to all human societies. In this chapter we begin by introducing a few related economic categories, some of which belong specifically to economies based on market exchange. We then consider the process by which societies with a social division of labor reproduce themselves economically. This leads to the concept of labor content, a measurable quantity that will form the basis of our analysis of how capitalism is powered by labor.
Original language | English |
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Title of host publication | New Economic Windows |
Publisher | Springer-Verlag Italia s.r.l. |
Pages | 11-19 |
Number of pages | 9 |
DOIs | |
State | Published - 2022 |
Publication series
Name | New Economic Windows |
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ISSN (Print) | 2039-411X |
ISSN (Electronic) | 2039-4128 |
Bibliographical note
Publisher Copyright:© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.