In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … commodity exploitation are just different numerical representations of the productiveness of the economy. This paper presents an …

In the standard Okishio-Morishima approach, the existence of profits is proved to be equivalent to the exploitation of … labour. Yet, it can also be proved that the existence of profits is equivalent to the ‘exploitation’ of any good. Labour and … commodity exploitation are just different numerical representations of the productiveness of the economy. This paper presents an …

Commodity Exploitation Theorem (GCET), by highlighting a potential asymmetry between labour and other commodities. In this paper …, a novel characterisation of the relation between exploitation and productiveness that is at the heart of the GCET is …

In this paper, we reexamine the mathematical analysis of Marxian exploitation theory. First, we reexamine the validity … of the two types of Marxian labor exploitation, Morishima's (1974) type and Roemer's type (1982), in the argument of … Fundamental Marxian Theorem (FMT). We show that the FMT does not hold true if we adopt the Roemer exploitation, and equilibrium …

Since Olson’s (1965) The Logic of Collective Action, the exploitation hypothesis, in which the rich shoulders the … establish two alternative exploitation hypotheses based on asymmetric preferences or on productivity differences regarding the …

exploitation status - is completely characterised. It is shown that this class is nonempty and a definition of UE exploitation … class and UE exploitation structure of the international economy is derived in equilibrium. …

higher exploitation activities. …