On the basis of a static general equilibrium analysis premised on frictionless exchange conditions in competitive markets, John Roemer’s General Theory of Exploitation and Class challenges the canonical Marxian account of capitalist exploitation by arguing that unequal distribution of...

In the present article, an attempt has been made to revisit the debate on de-industrialization. The premise, which has been used by the author, is based on an historical fact regarding the organizational structure of production and distribution of handicrafts. The organization of production,...

Next to the local craftsmen and the non-agrarian activities that families undertook for their own use or local consumption, which had always existed in the countryside, in some places rural industries aimed at non-local markets developed as early as in the late 14th century. In some parts of the...