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Immiseration

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Routledge Dictionary of Economics, Second Edition

immiseration (P1)

The increasing poverty of the working class under CAPITALISM. MARX did not equate this simply with a fall in real wages as immiseration has also psychological and spiritual dimensions.

See also: alienation; division of labour

References

Plamenatz, J. (1975) Karl Marx’s Philosophy of Man, Oxford: Clarendon Press.

This is the complete article, containing 45 words (approx. 1 page at 300 words per page).

 
Copyrights
Immiseration from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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