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Identifier to cite or link to this item: https://hdl.handle.net/10086/25893

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Title
Unequal Exchange, Assets, and Power: Recent Developments in Exploitation Theory
Creator
Creator Name
Veneziani, Roberto Veneziani, Roberto
Affiliation
Affiliation Name
Queen Mary University of London
Creator Name
Yoshihara, Naoki Yoshihara, Naoki
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
Institute of Economic Research, Hitotsubashi University
Key Word
Exploitation
axiomatic social choice
JEL
D63
D51
Abstract
This paper surveys and extends some recent contributions on the theory of exploitation as the unequal exchange of labour. A model of dynamic economies with heterogeneous optimising agents is presented which encompasses the models used in the literature as special cases. It is shown that the notion of exploitation is logically coherent and can be meaningfully analysed in such a general framework. It is then shown that the axiomatic approach of social choice theory can be adopted to explore the normative foundations of the notion of exploitation. Finally, it is argued that purely distributive approaches to exploitation are not entirely compelling and a notion of dominance, or unequal power is necessary.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2013-09
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion paper series. A ; No. 594
NCID
AA11476336
Number of Pages
42
Appears in Collections
Discussion paper series / Institute of Economic Research, Hitotsubashi University
URL
https://hdl.handle.net/10086/25893