Showing 1 - 10 of 64
This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of … labour (UEL). The key intuitions behind all of the main approaches to UEL exploitation are explicitly analysed as a series of … axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal …
Persistent link: https://www.econbiz.de/10011599043
This paper analyses the Marxian theory of exploitation. A general axiomatic approach is developed which is appropriate … to study the concept of exploitation - what it is and how it should be captured empirically. Two properties are presented … class of definitions of exploitation that preserve the relation between exploitation and profits - called Profit-Exploitation …
Persistent link: https://www.econbiz.de/10010426589
exploitation status - is completely characterised. It is shown that this class is nonempty and a definition of UE exploitation … class and UE exploitation structure of the international economy is derived in equilibrium. …
Persistent link: https://www.econbiz.de/10011522215
This paper analyses the equilibrium dynamics of exploitation and class in general accumulation economies with … emergence and persistence of exploitation and class are investigated, and the role of labour-saving technical change and, even … more importantly, power is highlighted. Second, it is shown that the concept of exploitation provides the foundations for a …
Persistent link: https://www.econbiz.de/10010466793
condition of the emergence and persistence of exploitation as unequal exchange of labor. We show that pure workers are exploited … equalized in the limit regardless of the saving behaviors. The so-called Fundamental Marxian Theorem and Profit-Exploitation … Correspondence Principle are generalized in the intertemporal setting with exploitation in the whole life, and the Class-Exploitation …
Persistent link: https://www.econbiz.de/10012010493
Attempts to use commodities to construct theories of value and use such value theory to claim that, in capitalism, commodities can be exploited, just like labour is, rest on two conceptual aws: (a) failure to distinguish between labour and labour-power; and (b) failure to distinguish...
Persistent link: https://www.econbiz.de/10012395313
exploitation theorem (GCET) purports to demonstrate that many other commodities can be substances of value. This note argues that …
Persistent link: https://www.econbiz.de/10012252231
rate of exploitation constant? In this paper we demonstrate, in a general circulating capital model, that if (a) the …, then viable technical change can be consistent both with a constant rate of exploitation and a fall in the long run rate of … profit. This result vindicates Marx's claim in Volume III of Capital, that if the rate of exploitation remains unchanged then …
Persistent link: https://www.econbiz.de/10013256418
This paper offers a unified analytical treatment of Marx's theory of ground-rent, building on the analysis that is available in Volume Three of Capital. Since ground-rent is a transformation of surplus profit generated in agriculture, the main argument is developed in two steps. In the first...
Persistent link: https://www.econbiz.de/10011811320
Does the intensification of labour increase the rate of exploitation? Does it produce absolute surplus value or … labour always leads to an increase in the rate of exploitation, and second, that the increase in the rate of exploitation …
Persistent link: https://www.econbiz.de/10012433355