rate of exploitation constant? In this paper we demonstrate, in a general circulating capital model, that if (a) the …, then viable technical change can be consistent both with a constant rate of exploitation and a fall in the long run rate of … profit. This result vindicates Marx's claim in Volume III of Capital, that if the rate of exploitation remains unchanged then …

; inequality, exploitation, and classes; and technical change, profitability, growth and cycles. We show that computational methods …

exploitation theorem (GCET) purports to demonstrate that many other commodities can be substances of value. This note argues that …