Value and Exploitation in a Capitalist Space Economy

Eric Sheppard
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Eric Sheppard: Department of Geography, University of Minnesota, Minneapolis, Minnesota 55455 USA

International Regional Science Review, 1984, vol. 9, issue 2, 97-107

Abstract: A Marxian model of production relations applicable to a space economy, partitioned into regions, is described. The aspatial, "Fundamental Maxian Theorem" is then extended to the regional system. It is shown that the maximum regional exploitation rate exceeds the profit rate in the aggregate economy. Class conflicts and alliances are then considered in light of variable exploitation rates across regions.

Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:9:y:1984:i:2:p:97-107

DOI: 10.1177/016001768400900201

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