Resumen

KENNEDY, Damián. Production and the Appropriation of Value in Argentina: The Role of Real Wage Depression. Prob. Des [online]. 2014, vol.45, n.176, pp.157-182. ISSN 0301-7036.

From a historical perspective and by international comparison, this article seeks to analyze some of the most noteworthy features of the capital accumulation process in Argentina, emphasizing events since the mid-1960s. In the context of the stagnation of value production, the main outcome has been that impairment to real wages from this inflection point has constituted an extraordinary source of surplus. This phenomenon is a necessary condition for the accumulation process in light of low dynamism relative to productivity, and is a factor common to the different economic schemes that have been adopted, beyond other features that could be judged as more or less beneficial.

Palabras llave : Value theories; social product; functional distribution; real wages; productivity.

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