Salários reais e níveis de emprego: o contraponto Sraffiano

Abstract

Based on the analysis of entrenched assumptions in the current economic mainstream statement, that the salary levels negatively affect employment levels, was possible to find similarities between Friedman and Keynes wage theories. Moreover, demonstrating the inability of the occurrence of a balance of factors - in the neoclassical sense - in the labor market, this article introduces the concepts of reswitching and reversal capital deepening present in the Italian Piero Sraffa work. Through the analysis of Sraffa's work, this paper showed-off the compatibility between the Marx and Sraffa theories of value, allowing toconclude that Sraffa's theory is a continuation of Marxist theory and not it's denial. Not only that, in the new stage of capitalism, where the role of banks cannot be ignored, the wages determination, such as class battle component is associated with exogenous determination of interest rates through the power of financial conglomerates.