The theory of exploitation as the unequal exchange of labour

Roberto Veneziani and Naoki Yoshihara ()

No 824, Working Papers from Queen Mary University of London, School of Economics and Finance

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.

Keywords: Exploitation; Unequal Exchange of Labour; axiomatic analysis (search for similar items in EconPapers)
JEL-codes: B51 D63 (search for similar items in EconPapers)
Date: 2017-05-15
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-pke
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: THE THEORY OF EXPLOITATION AS THE UNEQUAL EXCHANGE OF LABOUR (2018)
Working Paper: The Theory of Exploitation as the Unequal Exchange of Labour (2018)
Working Paper: The theory of exploitation as the unequal exchange of labour (2018)
Working Paper: The Theory of Exploitation as the Unequal Exchange of Labour (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:qmw:qmwecw:824

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