Resumen

MURILLO ARROYO, Francisco Javier. Crisis, exploitation and wages: marxist analysis of Spanish economy. Anál. econ. [online]. 2019, vol.34, n.87, pp.101-124.  Epub 13-Nov-2020. ISSN 2448-6655.

The impact of the crisis has been severe in the Spanish economy. The previous growth phase was based in the worsening of employment conditions and in the implementation of a wage adjustment, in an economy with a low technical profile. Since the outbreak of the crisis the pattern of accumulation has deepened in the same basis, reaching a very high level of inequality. The Marxist method reveals the causes that explain this dynamic. From this point of view it is possible to understand the meaning of the capital reaction, which aims the improvement of profitability through the increasing exploitation of the employees, which has materialized in a deeping wage regression.

Palabras llave : profitability; crisis; wages; Spain.

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