Arbeitspapier
The dynamics of exploitation and class in accumulation economies
This paper analyses the equilibrium dynamics of exploitation and class in general accumulation economies with population growth, technical change, and bargaining by adopting a novel computational approach. First, the determinants of the emergence and persistence of exploitation and class are investigated, and the role of labour-saving technical change and, even more importantly, power is highlighted. Second, it is shown that the concept of exploitation provides the foundations for a logically coherent and empirically relevant analysis of inequalities and class relations in advanced capitalist economies. An index that identifies the exploitation level, or intensity of each individual can be defined and its empirical distribution studied using the standard tools developed in the theory of inequality measurement.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2014-14
- Classification
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Wirtschaft
Current Heterodox Approaches: Socialist; Marxian; Sraffian
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Computational Techniques; Simulation Modeling
- Subject
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Exploitation
class
accumulation
simulation
- Event
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Geistige Schöpfung
- (who)
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Cogliano, Jonathan F.
Veneziani, Roberto
Yoshihara, Naoki
- Event
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Veröffentlichung
- (who)
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University of Massachusetts, Department of Economics
- (where)
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Amherst, MA
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cogliano, Jonathan F.
- Veneziani, Roberto
- Yoshihara, Naoki
- University of Massachusetts, Department of Economics
Time of origin
- 2014
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The importance of exploration and exploitation innovation in emerging economies
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