The Dynamics of Exploitation and Class in Accumulation Economies

Jonathan Cogliano, Roberto Veneziani and Naoki Yoshihara ()

No 621, Discussion Paper Series from Institute of Economic Research, Hitotsubashi University

Abstract: This paper analyses the equilibrium dynamics of exploitation and class in general accumulation economies with population growth, technical change, and bargaining by adopting a novel computational approach. First, the determinants of the emergence and persistence of exploitation and class are investigated, and the role of labour-saving technical change and, even more importantly, power is highlighted. Second, it is shown that the concept of exploitation provides the foundations for a logically coherent and empirically relevant analysis of inequalities and class relations in advanced capitalist economies. An index that identi es the exploitation level, or intensity of each individual can be de ned and its empirical distribution studied using the standard tools developed in the theory of inequality measurement.

Keywords: Exploitation; class; accumulation; simulation (search for similar items in EconPapers)
JEL-codes: B51 C63 D63 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2014-12
New Economics Papers: this item is included in nep-cmp, nep-evo and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/27025/DP621.pdf

Related works:
Journal Article: The Dynamics of Exploitation and Class in Accumulation Economies (2016)
Working Paper: The dynamics of exploitation and class in accumulation conomies (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:hituec:621

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