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dc.contributor.authorYoshihara, Naokien_US
dc.contributor.authorVeneziani, Robertoen_US
dc.date.accessioned2012-02-09T14:06:14Z-
dc.date.available2012-02-09T14:06:14Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/55153-
dc.description.abstractIn 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, called Labour Exploitation in Subsistence Economies, Relational Exploitation, and Feasibility of Non-Exploitation, are presented and it is proved that they uniquely characterise a definition of exploitation conceptually related to the so-called New-Interpretation (Duménil, 1980; Foley, 1982; Duménil at el., 2009), which focuses on the unequal distribution of (and control over) social labour, and on individual well-being freedom and the self-realisation of men. Then, the main results of Roemer's (1982, 1988) classical approach and all the crucial insights of exploitation theory are generalised, proving that every agent's class and exploitation status emerges in the competitive equilibrium, that there is a correspondence between an agent's class and exploitation status, and that the existence of exploitation is inherently linked to the existence of positive profits.en_US
dc.language.isoengen_US
dc.publisherQueen Mary, Univ. of London, School of Economics and Finance Londonen_US
dc.relation.ispartofseriesWorking Paper // School of Economics and Finance, Queen Mary, University of London 655en_US
dc.subject.jelD63en_US
dc.subject.jelD51en_US
dc.subject.jelC62en_US
dc.subject.jelB51en_US
dc.subject.ddc330en_US
dc.subject.keywordjusticeen_US
dc.subject.keywordexploitationen_US
dc.subject.keywordclassen_US
dc.subject.keywordconvex economiesen_US
dc.subject.stwMarxistische Arbeitstheorieen_US
dc.subject.stwGerechtigkeiten_US
dc.subject.stwGleichgewichtsstabilitäten_US
dc.subject.stwSozialistische Wirtschaftstheorieen_US
dc.subject.stwTheorieen_US
dc.titleExploitation as the unequal exchange of labour: An axiomatic approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn619021152en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series, School of Economics and Finance, Queen Mary, University of London

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