Economics Department Working Paper Series
Working Paper Number
2021-01
Publication Date
2021
Abstract
Does the intensification of labour increase the rate of exploitation? Does it produce absolute surplus value or relative surplus value? This paper develops a framework to answer these questions by incorporating intensity of labour in the widely-used linear model of production, both in its one and two department forms. We show, first, that an intensification of labour always leads to an increase in the rate of exploitation, and second, that the increase in the rate of exploitation takes the form of the production of absolute surplus value in all realistic situations. We also highlight, in the case of any model with more than one industry or sector, an interesting difference in short run and long run changes in the rate and form of surplus value.
DOI
https://doi.org/10.7275/21613819
License
UMass Amherst Open Access Policy
Recommended Citation
Basu, Deepankar; Haas, Cameron; and Moraitis, Athanasios, "What is the Impact of an Intensification of Labour on the Rate and Form of Exploitation?" (2021). Economics Department Working Paper Series. 298.
https://doi.org/10.7275/21613819