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

Samuel Hollander

doi:10.1023/B:RAEC.0000011335.86307.f2

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

Samuel Hollander

Department of Economics

Research output: Contribution to journal › Review article › peer-review

5 Scopus citations

Abstract

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 language	English
Pages (from-to)	5-39
Number of pages	35
Journal	Review of Austrian Economics
Volume	17
Issue number	1
DOIs	https://doi.org/10.1023/B:RAEC.0000011335.86307.f2
State	Published - 1 Mar 2004

Keywords

Classical liberalism
Comparative systems
Marxian socialism
Socialist systems
Transitional economics

ASJC Scopus subject areas

Economics, Econometrics and Finance (all)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1023/B:RAEC.0000011335.86307.f2

Cite this

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AB - 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.

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

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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