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Mode of Production and Allocation of Resources in the Light of Marxist Economics

Jie Meng

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Abstract

There exist similarities and differences between production mode and production relations. Marx has studied allocation of resources in the capitalist society in the name of production mode. Major features of capitalist allocation of resources are as follows: It is subordinated to the capitalist mode of production and production relations. It refers to allocation of social labor to different social departments. Under circumstances of capitalist production relations there are two criteria of measures for justification of macro allocation of resources.

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What this paper is about

There exist similarities and differences between production mode and production relations. Marx has studied allocation of resources in the capitalist society in the name of production mode. Major features of capitalist allocation of resources are as follows: It is subordinated to the capitalist mode of production and production relations. It refers to allocation of social labor to different social departments. Under circumstances of capitalist production relations there are two criteria of measures for justification of macro allocation of resources.

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Available abstract

There exist similarities and differences between production mode and production relations. Marx has studied allocation of resources in the capitalist society in the name of production mode. Major features of capitalist allocation of resources are as follows: It is subordinated to the capitalist mode of production and production relations. It refers to allocation of social labor to different social departments. Under circumstances of capitalist production relations there are two criteria of measures for justification of macro allocation of resources.

Key concepts: Capitalist mode of production, Production (economics), Marxist philosophy, Mode of production, Economics, Macro, Relations of production, Mode (computer interface)

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