The neoclassical and Marxian theories of technology: a comparison and critical assessment

in Historical Materialism
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Abstract

Neoclassical economics remains the leading theoretical alternative to Marxian economics. In this article I shall contrast the accounts of technical change in capitalism proposed by both theories. I shall introduce five criteria relevant to a comparison of competing social theories, and argue that the Marxian perspective on technical change in capitalism is superior on all five counts.

The neoclassical and Marxian theories of technology: a comparison and critical assessment

in Historical Materialism

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