The Relationship between Labour and Capital in Rural Argentina, 1880–1914
The results of the export boom that Argentina experienced in the half century following 1860 are easy enough to measure in economic terms at the national level. Virtually all indices of growth show marked increase.1 The volume and value of the nation’s exports had reached unprecedented levels by the time of the centenary in 1910, bringing great wealth to the nation and to many individuals linked to the export economy. The governing élite and many foreign observers anticipated that the pattern of growth would continue, and that Argentina, within a reasonable period of time, would join the ranks of the world’s rich and powerful nations.
KeywordsPolitical Economy Capital Stock Large Unit Wage Labour Capital Input
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