This paper provides a formal dynamic analysis of exploitation, class inequalities and profits. A stylised model of a … emergence of exploitation, but they are not sufficient for its persistence, both in equilibria with accumulation and growth, and … existence of exploitation. Second, it is shown that, in a competitive environment, asset inequalities are fundamental for the …

accumulation economies with heterogeneous labour. A novel index is presented which measures the intensity of exploitation at the …This paper uses a computational framework to analyse the equilibrium dynamics of exploitation and inequality in … individual level and the dynamics of the distribution of exploitation intensity is analysed. The effects of technical change and …

This paper analyses the normative and positive foundations of the theory of exploitation as the unequal exchange of … labour (UEL). The key intuitions behind all of the main approaches to UEL exploitation are explicitly analysed as a series of … axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal …

the notion of a Classical Competitive Equilibrium (CCE). A unique CCE exists in a large class of concave classical …

; inequality, exploitation, and classes; and technical change, profitability, growth and cycles. We show that computational methods …

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 …

every agent's class and exploitation status emerges in the competitive equilibrium, that there is a correspondence between … an agent's class and exploitation status, and that the existence of exploitation is inherently linked to the existence of … positive profits. -- Justice ; Exploitation ; Class ; Convex economies …

exploitation. A new measure of unequal exchange across borders is proposed which captures the territorial structure of … exploitation, other factors, including labour-saving technical change, are shown to be essential in explaining its persistence. …