"Up to now, most radical, as well as neoclassical, economists have assumed that significant wage differentials among workers of similar skill and ability will endure only when competition in the capital and/or labor market is seriously restricted. In contrast, this work uses a c…
Up to now, most radical, as well as neoclassical, economists have assumed that significant wage differentials among workers of similar skill and ability will endure only when competition in the capital and/or labor market is seriously restricted. In contrast, this work uses a cl…
Economists generally assume that wage differentials among similar workers will only endure when competition in the capital and/or labor market is restricted. In contrast, Howard Botwinick uses a classical Marxist analysis of real capitalist competition to show that substantial p…