developed, which allows an explicit analysis of the core positive and normative intuitions behind the concept of exploitation …. Three main new axioms, called Labour Exploitation in Subsistence Economies, Relational Exploitation, and Feasibility of Non-Exploitation …, are presented and it is proved that they uniquely characterise a definition of exploitation conceptually related to the so …

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 …

This paper provides a formal dynamic analysis of exploitation, class inequalities and profits. A stylised model of a … existence of exploitation. Second, it is shown that, in a competitive environment, asset inequalities are fundamental for the … emergence of exploitation, but they are not sufficient for its persistence, both in equilibria with accumulation and growth, and …

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 …

exploitation. A new measure of unequal exchange across borders is proposed which captures the territorial structure of … exploitation, other factors, including labour-saving technical change, are shown to be essential in explaining its persistence. …

; inequality, exploitation, and classes; and technical change, profitability, growth and cycles. We show that computational methods …

This paper uses a computational framework to analyse the equilibrium dynamics of exploitation and inequality in … accumulation economies with heterogeneous labour. A novel index is presented which measures the intensity of exploitation at the … individual level and the dynamics of the distribution of exploitation intensity is analysed. The effects of technical change and …

In this paper we review recent developments in axiomatic studies of Marxian exploitation theory. First, given the acute … controversy over the formal definition of exploitation during the 1970-1990s, we review the study of the axiomatic framework …, which identifies some fundamental properties - technically, domain conditions - that any definition of exploitation should …