Showing 1 - 10 of 2,861
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 …
Persistent link: https://www.econbiz.de/10009364303
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 …
Persistent link: https://www.econbiz.de/10009001160
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 …
Persistent link: https://www.econbiz.de/10009145636
In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … existence of profits and labor exploitation holds, whereas it is proved that there is no relation between profits and commodity … labor. Yet, it can also be proved that the existence of profits is equivalent to the “exploitation†of any good. Labor …
Persistent link: https://www.econbiz.de/10010796872
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 …
Persistent link: https://www.econbiz.de/10009019941
This essay provides a critical Marxist reformulation, internal to the cultural tradition of Western Marxism, of Marx’s theoretical treatment of value and capital. It implies the abandonment of the ‘pure’ labour theory of value of the young Marx in favour of a ‘mixed’ labour-and capital...
Persistent link: https://www.econbiz.de/10011259412
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 …
Persistent link: https://www.econbiz.de/10010280783
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 …
Persistent link: https://www.econbiz.de/10008495524
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 …
Persistent link: https://www.econbiz.de/10008500321
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 …
Persistent link: https://www.econbiz.de/10008500326