Sentence examples for subsistence theory from inspiring English sources

Thus, the subsistence theory seemed to fit the facts.

Their inflexible conclusion that wages would always be driven down earned the subsistence theory the name "iron law of wages".

The subsistence theory of wages, advanced by David Ricardo and other classical economists, was based on the population theory of Thomas Malthus.

This argument was eventually disproved, and the labour theory of value and the subsistence theory of wages were also found to be invalid.

Elements of a subsistence theory appear in The Wealth of Nations, where Smith wrote that the wages paid to workers had to be enough to allow them to live and to support their families.

Karl Marx accepted Ricardo's labour theory of value (that the value of a product is based on the quantity of labour that went into producing it), but he subscribed to a subsistence theory of wages for a different reason than that given by the classical economists.

Subsistence theories emphasize the supply aspects of the labour market while neglecting the demand aspects.

Nancy Hartsock's 1983 articulation of the theory argues that women's contributions to subsistence and childrearing result in a systematic difference of experience across the genders.

At least in theory, they encourage farmers to switch from growing subsistence rice to harvesting rubber for cash; from growing rubber to working in a tyre factory; and from making tyres to making cars.

Based on a critical problem solving approach and grounded theory as a strategy, we study agroforestry and subsistence agriculture as integrated, yet separate, socio-ecological systems with different organisational logics and temporal dynamics.

The aim is to keep Gaza at subsistence and offer a contrast with the West Bank, which in theory benefits from foreign aid and economic and political development.