Abstract
The article demonstrates that unlike reproductive productivity, creative labor possesses the character of repeatedly increasing production (and/or consumption) efficiency due to positive external effects from creative activity, making “creative multiplier.” It follows from this that the key element determining economy efficiency at the both - micro and macro levels is creative human potential reproduction – worker’s ability to perform creative activity. The human role and place in reproduction scheme in the creative economy has been clarified: in addition to labor (substitutable labor in A. Freeman’s terminology), which forms variable capital v, human can also make a creative multiplier representing new social productive force. The use of creative multiplier allows to increase productivity - at the same (or lower) capital and labor costs.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
