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every agent's class and exploitation status emerges in the competitive equilibrium, that there is a correspondence between … an agent's class and exploitation status, and that the existence of exploitation is inherently linked to the existence of …
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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 … logically coherent and empirically relevant analysis of inequalities and class relations in advanced capitalist economies. An …
Persistent link: https://www.econbiz.de/10010466793
This paper investigates a new approach to understanding personal and functional income distribution. I propose that hierarchical power - the command of subordinates in a hierarchy - is what distinguishes the rich from the poor and capitalists from workers. Specifically, I hypothesize that...
Persistent link: https://www.econbiz.de/10012127049
greater control over subordinates, I hypothesize, that explains the income and class of the very rich. I test this idea using … portion of their income. This suggests that among CEOs, both income size and income class relate to hierarchical power. I then … plausible. Using this model, I infer the relation between income size, income class, and hierarchical power among the US public …
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The extant literature on status-signalling primarily adopts Veblen's theory of class to caste and racial identities …. This study aims to adopt a more suitable theoretical lens that is more relevant not only for class identities, but also for …
Persistent link: https://www.econbiz.de/10014314769
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