Showing 1 - 10 of 499
The concept of exploitation is central in social and political theory, but there is no precise, widely accepted … definition. This paper analyses John Roemer’s seminal theory, which construes exploitation as a distributive injustice arising … Roemer’s static economies is set up and several doubts are raised on the claim that exploitation can be reduced to a kind of …
Persistent link: https://www.econbiz.de/10009001169
The difficulties of the classical and Marxian labour theory of value are overcome when labour is measured in terms of marginal labour value. Marginal labour value is the inverse of the marginal productivity of labour. Relative prices are equal to the ratio of marginal labour values. This article...
Persistent link: https://www.econbiz.de/10005619897
Ronald Meek has (deliberately) ignored a very important discovery of Jevons. When labour is measured in terms of marginal labour values prices are proportional to these values and commodities exchange accordingly. This has been rediscovered by Soviet economists and that has been published in the...
Persistent link: https://www.econbiz.de/10005835681
In the so-called ACCRA declaration of 2004 the World Alliance of Reformed Churches (WARC) condemns neo liberal globalisation on grounds of lack of justice. This paper outlines ten alternative criteria for distributive justice. We show that Biblical ethics support various of these criteria,...
Persistent link: https://www.econbiz.de/10008545944
Commodity Exploitation Theorem (GCET), by highlighting a potential asymmetry between labour and other commodities. In this paper …, a novel characterisation of the relation between exploitation and productiveness that is at the heart of the GCET is …
Persistent link: https://www.econbiz.de/10009001160
In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … commodity exploitation are just different numerical representations of the productiveness of the economy. This paper presents an …
Persistent link: https://www.econbiz.de/10009371826
This article deals with a theoretical point: the alleged consistency of the Marxian notion of exploitation with the …
Persistent link: https://www.econbiz.de/10011109992
capitalists strife for the private exploitation of surplus value. It is argued that the capitalist harmful practices, leading to …
Persistent link: https://www.econbiz.de/10009148031
The modern reformulation of Classical analysis of value and distribution built upon Sraffa’s Production of Commodities provides quite a general and open framework to study distributive relationships, that deserves to be still explored. The present work aims to go through these relationships...
Persistent link: https://www.econbiz.de/10005000670
Until recently, the name of Wolfgang Mühlpfordt (1872-1928) was certainly not among those a theoretical economist was expected to know. Mühlpfordt has now been rehabilitated not only in the Cambridge Journal of Economics (Howard and King: 1987 and Gilibert:1991), but also in the German...
Persistent link: https://www.econbiz.de/10008545977