Economic organization, distribution and the equality issue: The Marx-Engels perspective

Samuel Hollander

Research output: Contribution to journalReview articlepeer-review

5 Scopus citations


This paper has four related themes. It demonstrates that Marx's Communism in its first or Socialist phase would recognize the essential inequality of labour on grounds of efficiency and growth. It offers an explanation for the apparent paradox that Marx and Engels championed a fully-fledged control system notwithstanding appreciation of the allocation functions of a competitive market system. It highlights common ground relating to market process between Marx and Engels and the modern "classical liberals" Mises and Hayek. And it traces the evolutionary nature of the Marx-Engels perspective on transitions between and within economic systems.

Original languageEnglish
Pages (from-to)5-39
Number of pages35
JournalReview of Austrian Economics
Issue number1
StatePublished - 1 Mar 2004


  • Classical liberalism
  • Comparative systems
  • Marxian socialism
  • Socialist systems
  • Transitional economics

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (all)


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