Productive Forces and Productivity
Marx's concept of productive forces also has some relevance for discussions in economics about the meaning and measurement of productivity.
Modern economics theorises productivity in terms of the marginal product of the factors of production. Marx theorises productivity within the capitalist mode of production in terms of the social and technical relations of production, with the concept of the organic composition of capital and the value product. He suggests there is no completely neutral view of productivity possible; how productivity is defined depends on the values and interests people have. Thus, different social classes have different notions of productivity reflecting their own station in life, and giving rise to different notions of productive and unproductive labour.
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Famous quotes containing the words productive, forces and/or productivity:
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