
Economics Department Working Paper Series
Working Paper Number
2017-04
Publication Date
2017
Abstract
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 formal claims in a general economic environment. It is then argued that these intuitions can be captured by one fundamental axiom - called Labour Exploitation - which defines the basic domain of all UEL exploitation forms and identifies the formal and theoretical framework for the analysis of the appropriate definition of exploitation.
DOI
https://doi.org/10.7275/9701506
License
UMass Amherst Open Access Policy
Recommended Citation
Veneziani, Roberto and Yoshihara, Naoki, "The Theory of Exploitation as the Unequal Exchange of Labour" (2017). Economics Department Working Paper Series. 220.
https://doi.org/10.7275/9701506