Productive and surplus labour
Abstract
This paper deals with the difficult dichotomy presented by the Marxian economy
of productive and unproductive labor, as well as surplus, and their uses by different
agents of the economy. It analyzes the concepts in Marx, Baran as well as the development
of the ideas throughout the history of economic thought.
JEL Classification: B11; B12; B14; B51; D46.
Keywords: Marx Baran Adam Smith history of economic thought theory of value labor theory of value productive work