Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174413
Authors: 
Veneziani, Roberto
Yoshihara, Naoki
Year of Publication: 
2017
Series/Report no.: 
Working Paper, University of Massachusetts, Department of Economics 2017-04
Abstract: 
This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of labour (UEL). The key intuitions behind all of the main approaches to UEL exploitation are explicitly analysed as a series of formal claims in a general economic environment. It is then argued that these intuitions can be captured by one fundamental axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal and theoretical framework for the analysis of the appropriate definition of exploitation.
Subjects: 
Exploitation
Unequal Exchange of Labour
axiomatic analysis
Document Type: 
Working Paper

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