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 … profits and labour exploitation holds, whereas it is proved that there is no relation between profits and commodity …

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 …

labour is synonymous with positive profits. A new definition of Marxian labor exploitation is proposed, which is shown to …This paper provides a mathematical analysis of the Marxian theory of the exploitation of labour in general equilibrium … models. The two main definitions of Marxian exploitation in the literature, proposed by Morishima (1974) and Roemer (1982 …

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 …

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 …

aggregate measures of exploitation is discussed. Second, the relation between profits and exploitation (the so …This paper analyses two central issues in exploitation theory. First, the appropriate definition of individual and …-called Fundamental Marxian Theorem) is analysed. A general framework for the analysis of exploitation in the context of convex cone …

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 …

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 …

, focusing on the relation between exploitation and profits. General convex economies with heterogeneous agents endowed with …This paper provides an innovative axiomatic analysis of the notion of exploitation as the unequal exchange of labour … which preserves the FMT and allows one to generalise a number of key insights of exploitation theory to complex advanced …

This paper provides an innovative axiomatic analysis of the notion of exploitation as the unequal exchange of labour …. An axiomatic characterisation of the class of definitions that satisfy a weak domain condition and the profit-exploitation … novel definition is presented which satisfies the PECP and allows one to generalise a number of key insights of exploitation …