Why Can There Be No Capitalism Without Unemployment?

• Authors: Timofiejuk I.
• Languages of publication: PL

Abstracts

EN

This article deals with the question: can there be a capitalist economy without unemployment? The authors answer is: the rate of unemployment can be higher or lower, but there is no capitalist way of management without the existence of unemployment. This is an immanent law of capitalism. It is proven from a historical point of view: worlds economic history did not note a country or period that would not have unemployment. But it is also proven on a theoretical ground making use of statements by K. Marx from the first volume of 'Capital' and stating a thesis that the process of capitalist utilization of accumulation and transforming it into a growth of productive system resembles a 'permanent' process of forging a 'movable' fixed capital into a higher absorption of capital.

Keywords

EN

UNEMPLOYMENT & CAPITALIST ECONOMY; UNEMPLOYMENT -MARXIST APPROACH

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wydział Nauk Ekonomicznych Uniwersytetu Warszawskiego
• Journal: Ekonomia. Rynek, Gospodarka, Społeczeństwo
• Year: 2007
• Issue: 18
• Pages: 36-44
• Document type: ARTICLE

Contributors

author

Timofiejuk I.

• I. Timofiejuk, Uniwersytet Warszawski, Wydzial Nauk Ekonomicznych, ul. Dluga 44/50, 00-241 Warszawa, Poland

Identifiers

CEJSH db identifier

07PLAAAA02815723