Editing Division of labour (section)

=== Ludwig von Mises ===
[[File:Ludwig von Mises.jpg|thumb|Ludwig von Mises|219x219px]]
Marx's theories, including his negative claims regarding the division of labour, have been criticised by the [[Austrian economists]], notably [[Ludwig von Mises]]. The primary argument is that the economic gains accruing from the division of labour far outweigh the costs, thus developing on the thesis that division of labour leads to cost efficiencies. It is argued that it is fully possible to achieve balanced human development within [[capitalism]] and [[Marx's theory of alienation|alienation]] is downplayed as mere romantic fiction.

According to [[Ludwig von Mises|Mises]], the idea has led to the concept of [[mechanisation]] in which a specific task is performed by a mechanical device, instead of an individual labourer. This method of production is significantly more effective in both yield and [[Cost-effectiveness analysis|cost-effectiveness]], and utilises the division of labour to the fullest extent possible. [[Ludwig von Mises|Mises]] saw the very idea of a task being performed by a specialised mechanical device as being the greatest achievement of division of labour.<ref>{{Cite book|last=Mises|first=Ludwig|title=Human Action: A Treatise on Economics|year=1949|pages=164}}</ref>