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Ricardo and Ohlin: Comparative Advantage, Classical Political Economy and Unequal Exchange Theory
Manage episode 382245156 series 3342596
Here, we discuss the theories of David Ricardo and Bertil Ohlin, two classical (bourgeois) economists who popularized conceptions of comparative advantage related to the international division of labor to justify imperialism. We discuss how Unequal Exchange theory rebukes these notions and reveals the imperialism of "comparative advantage" and trade.Texts we discussed: https://www.marxists.org/reference/subject/economics/ricardo/tax/ch07.htmhttps://books.google.com/books/about/Interregional_and_International_Trade.html?id=MU1CAAAAIAAJ
--- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support173 епізодів
Manage episode 382245156 series 3342596
Here, we discuss the theories of David Ricardo and Bertil Ohlin, two classical (bourgeois) economists who popularized conceptions of comparative advantage related to the international division of labor to justify imperialism. We discuss how Unequal Exchange theory rebukes these notions and reveals the imperialism of "comparative advantage" and trade.Texts we discussed: https://www.marxists.org/reference/subject/economics/ricardo/tax/ch07.htmhttps://books.google.com/books/about/Interregional_and_International_Trade.html?id=MU1CAAAAIAAJ
--- Support this podcast: https://podcasters.spotify.com/pod/show/unequalexchange/support173 епізодів
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