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 …

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. …

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

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 …

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 …

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 …

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 …