Exploitation and its unintended outcomes. An axiomatic obituary for Marx’s surplus value

Egmont Kakarot-Handtke ()

MPRA Paper from University Library of Munich, Germany

Abstract: The present paper scrutinizes the logical foundation of Marx’s dialectic analysis of the evolving money economy. The minimalistic frame of reference is thereby given with the set of structural axioms. It turns out, first, that the commonplace notion of exploitation has to be replaced by crossover exploitation among capitalists and workers; second, that the concept of surplus value cannot explain the existence and magnitude of overall profits; finally, that the real shares of output are determined in the spheres of income and expenditure and not, as classical, Marxian and neoclassical economists unanimously maintain, in the sphere of production.

Keywords: New framework of concept; , Structure-centric; Axiom set; Antagonism of profits and wages; Crossover exploitation; Surplus value; Axiom of reals (search for similar items in EconPapers)
JEL-codes: B14 B41 E11 E25 (search for similar items in EconPapers)
Date: 2011-06-23
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/31792/1/MPRA_paper_31792.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/43923/1/MPRA_paper_43923.pdf revised version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31792

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().