Exploitation as the Unequal Exchange of Labour: An Axiomatic Approach

Research, Preprint, External research report OPEN
Naoki Yoshihara ; Roberto Veneziani (2009)
  • Publisher: London: Queen Mary University of London, Department of Economics
  • Subject: D63 | D51 | convex economies | Justice, Exploitation, Class, Convex economies | Marxistische Arbeitstheorie | Gerechtigkeit | exploitation | Sozialistische Wirtschaftstheorie | justice | class | C62 | Theorie | B51 | Gleichgewichtsstabilität
    • jel: jel:D63 | jel:D51 | jel:C62 | jel:B51
      ddc: ddc:330

In subsistence economies with general convex technology and rational optimising agents, a new, axiomatic approach is developed, which allows an explicit analysis of the core positive and normative intuitions behind the concept of exploitation. Three main new axioms, cal... View more
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