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Wages,government policy and unemployment
Authors:MC Howard  JE King
Institution:1. University of Waterloo , Canada;2. La Trobe University , Australia
Abstract:The argument of this article is easily stated if the propositions of historical materialism are true the feasibility of socialism is seriously in doubt. Section 1 outlines what is meant by historial materialism and Section II considers the work of Marx on the development of socialism. The following three sections analyse the work of socialist economists and their critics during the twentieth century. In the conclusion our overall argument is summarized.
Keywords:
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