rate of exploitation constant? In this paper we demonstrate, in a general circulating capital model, that if (a) the …, then viable technical change can be consistent both with a constant rate of exploitation and a fall in the long run rate of … profit. This result vindicates Marx's claim in Volume III of Capital, that if the rate of exploitation remains unchanged then …

rate of exploitation constant? In this paper we demonstrate, in a general circulating capital model, that if (a) the …, then viable technical change can be consistent both with a constant rate of exploitation and a fall in the long run rate of … profit. This result vindicates Marx's claim in Volume III of Capital, that if the rate of exploitation remains unchanged then …

Does the intensification of labour increase the rate of exploitation? Does it produce absolute surplus value or … labour always leads to an increase in the rate of exploitation, and second, that the increase in the rate of exploitation …

Does the intensification of labour increase the rate of exploitation? Does it produce absolute surplus value or … labour always leads to an increase in the rate of exploitation, and second, that the increase in the rate of exploitation …

employment effects as calculated under the short-run horizon. We also demonstrate the relevance of the rate of exploitation for …