This paper critically analyses the strongly subjectivist approach to exploitation theory recently proposed by Matsuo … exploitation index can be constructed. It is argued that a minimal objectivism is necessary in exploitation theory, whereby … related to the 'New Interpretation' ([1]; [3]). It is argued that it captures the core intuitions of exploitation theory and …

Roemer's (1982, 1988) classical approach and all the crucial insights of exploitation theory are generalised, proving that …

This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of …

classical-Marxian tradition. We focus on three major themes in classical-Marxian economics, namely price and value theory …

In this paper we review recent developments in axiomatic studies of Marxian exploitation theory. First, given the acute …-Exploitation Correspondence Principle. Finally, we examine the relevance of the labour theory of value in these axiomatic studies of the proper …