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 …

unemployment, the inefficient use of labour and over-exploitation of the labourers, are the major source for the cyclical nature of … the capitalistic development. It is shown that the monopolistic exploitation is much greater than orthodox theory suggests … leading to the “Over-Exploitation Hypothesis.” …

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 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 …

degree of exploitation. On the one hand, the ratio between effort and wage the higher-skilled workers experience is lower … precipitously as skill increases. The workers with the highest level of skill experience zero degree of exploitation in terms of …

positive profits. -- Justice ; Exploitation ; Class ; Convex economies … 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 …