A critical view of the neoclassical distribution theory

Sagi, A.; Tot, A.; Drakulic, D.

A critical view of the neoclassical distribution theory

1992

Sagi, A. | Tot, A. | Drakulic, D. (Ekonomski fakultet, Subotica (Yugoslavia))

Analysing the short survey and critical review of the neoclassical theory of distribution the following conclusions have been reached: the main fault of the neoclassical, as well as neo-neoclassical (Samuelson's), theory of distribution is its inconsistency in relation of production factors - value - prices - distribution criteria. It mainly discusses the ways of doing business, i.e. treating the resources in an economical way, while neglecting the ways of production in its historical dimension. The neoclassical theory discribes the "analytical instruments" of distribution as a static one without a dilemma as to whether even that "instruments" is going to to be significantly changed regarding, first of all, the scientific and technical progress. From that point of view, this theory is conservative and apologetic.

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