Information for "Finance:Iron law of wages"

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Display titleFinance:Iron law of wages
Default sort keyIron law of wages
Page length (in bytes)9,575
Namespace ID3032
NamespaceFinance
Page ID890216
Page content languageen - English
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Page creatorimported>Rtexter1
Date of page creation17:30, 5 February 2024
Latest editorimported>Rtexter1
Date of latest edit17:30, 5 February 2024
Total number of edits1
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The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. The theory was first named by Ferdinand Lassalle in the mid-nineteenth century. Karl Marx and Friedrich Engels attribute...
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