The Productivity Theory of Wages vs. Marxism and 20th Century "Liberalism"
Jun 27, 1993
This seminar-type course will center on the determinants of the general level of real wages, and the application of the theoretical knowledge gained both to the interpretation of modem economic history and to 20th century politics. Subjects discussed will include the process of capital accumulation, and its political requirements, and the gamut of labor and social legislation. The basis for discussion will be a third chapter from Dr. Reisman's forthcoming book. (The chapter will be sent to seminar participants well in advance of the conference.)