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This report explores the development of exploitation theory in mathematical Marxian economics by reviewing the main … 1970s and 1980s, followed by the property relation theory of exploitation by Roemer (1982). Then, the more recent … exploitation theory proposed by Vrousalis (2013) and Wright (2000) is introduced. Finally, the report introduces and comments on …
Persistent link: https://www.econbiz.de/10011788892
This paper aims at better understanding the inefficiency due to distributional conflicts, which are inherent in every market economy. To this end, we set up a simple general equilibrium model with the following characteristics: two groups of agents (capitalists and workers), an endogenous income...
Persistent link: https://www.econbiz.de/10010264137
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and 'ethnic' conflict among workers. We model a two-dimensional contest, where two...
Persistent link: https://www.econbiz.de/10010268900
We examine how group-specific differences in reservation wage, arising due to asymmetries in social entitlements, impact on distribution via the joint determination of class conflict between workers and employers, and 'ethnic' conflict among workers. We model a two-dimensional contest, where two...
Persistent link: https://www.econbiz.de/10010288526
their social contacts. I develop a model of how those judgments form based on a theory of symbolic values. The model depicts …
Persistent link: https://www.econbiz.de/10010300712
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Do capitalists really want a recovery? Can they afford it? On the face of it, the question sounds silly: of course capitalists want a recovery; how else can they prosper? According to the textbooks, both mainstream and heterodox, capital accumulation and economic growth are two sides of the same...
Persistent link: https://www.econbiz.de/10011645024
Hegel und zu der Tradition der Philosophie überhaupt ein konstitutiver Bestandteil der Marxschen Theorie und gerade auch … ergeben. Und schließlich wollen wir erklären, woher bei Marx das notorische Defizit einer politischen Theorie rührt. …
Persistent link: https://www.econbiz.de/10011422232