[OPE] Productive and unproductive labour in the financial sector

From: Paul Cockshott <wpc@dcs.gla.ac.uk>
Date: Tue Jul 14 2009 - 06:10:01 EDT

 I recall that in past exchanges on OPE some participants argued that the characterisation of the financial sector as unproductive was questionable since under the criterion that productive labour is that labour which returns a surplus to its employer, banking labour undoubtedly did this, and should thus count as productive.
I would like to ask if any of those who argue this have expressed this argument at greater length in any publication?

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Received on Tue Jul 14 06:14:45 2009

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