This paper analyses two central issues in exploitation theory. First, the appropriate definition of individual and … intuitions of exploitation theory and that it provides appropriate indices of individual and aggregate exploitation. Further, it …

This paper critically analyses the strongly subjectivist approach to exploitation theory recently proposed by Matsuo … exploitation index can be constructed. It is argued that a minimal objectivism is necessary in exploitation theory, whereby … related to the 'New Interpretation' ([1]; [3]). It is argued that it captures the core intuitions of exploitation theory and …

In this paper, we reexamine the mathematical analysis of Marxian exploitation theory. First, we reexamine the validity …

approach for classical theory are unclear. First, the value-theoretic definitions of skill differentials and bads capture at …

alternative approach to exploitation theory which is related to the New Interpretation (Duménil 1980; Foley 1982). In this …

theory. …

This paper provides a mathematical analysis of the Marxian theory of the exploitation of labour in general equilibrium …