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The Specificity Of Manufacturing In Marx's Economic Thought

Date Added: Sep 2009
Format: PDF

The manufacturing sector has traditionally been regarded, particularly in development economics and in the Kaldorian literature, as having a 'Special role' as an engine of growth. This paper examines Marx's approach to manufacturing, and the extent to which manufacturing could be considered to have a special place in Marx's economic thinking, especially in relation to accumulation and growth. It is demonstrated that the precursors of a number of the important ideas in non-Marxian heterodox economics concerning the special properties of manufacturing may actually be found in Marx's texts.