Abstract

The article analyzes the evolutionary concept of economic growth of Oded Galor, identifies its strengths and limitations. A comparative analysis of this concept and the Marxist theory of social development is carried out. The comparability of these theoretical constructions is postulated due to the similarity of their main research issues and the distinguished periods of human history that are being analyzed. It is emphasized that the differ-ences between the concepts under consideration consist in the methodological approach to the subject of study, the assessment of social development from different positions and taking into account the action of vari-ous factors. The article concludes that Oded Galor's evolutionary concept of economic growth and the Marxist theory of social development turn out to be complementary theoretical constructs, aggregate accounting of the results of which makes it possible to create a comprehensive view of the economic evolution of human society.

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