Exploitation of Labour and Exploitation of Commodities: a “New Interpretation”

Preprint, External research report OPEN
Yoshihara, Naoki; Roberto Veneziani;
  • Publisher: Institute of Economic Research, Hitotsubashi University
  • Subject: Exploitation | Profits | New Interpretation | Generalised Commodity Exploitation Theorem | Exploitation, Profits, Generalised Commodity Exploitation Theorem, New Interpretation
    • jel: jel:D46 | jel:B51
    acm: ComputerApplications_COMPUTERSINOTHERSYSTEMS

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 commodity exploitation are... View more
  • References (9)

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