Subjectivism and Individualism : A note on the Marxian theory of exploitation
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This note examines the compatibility between the microeconomic application of the New Interpretation and an axiomatic approach to the Marxian concept of exploitation provided by Veneziani and Yoshihara (2011). Illustrating a simple numerical example considering heterogeneous labor, it will be shown that the most important result of Veneziani and Yoshihara (2011) should be modified or generalized further.
Abstract
This note examines the compatibility between the microeconomic application of the New Interpretation and an axiomatic approach to the Marxian concept of exploitation provided by Veneziani and Yoshihara (2011). Illustrating a simple numerical example considering heterogeneous labor, it will be shown that the most important result of Veneziani and Yoshihara (2011) should be modified or generalized further.
참고문헌 (8)
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- Lipietz, A., "The So-Called Transformation Problem Revisited", Journal of Economic Theory, 26(1) (1982)
- Matsuo, T., "Profit, Surplus Product, Exploitation and less than Maximized Utility", Metroeconomica, 59(2) (2008)
- Mohun, S., "The Labour Theory of Value as Foundation for Empirical Investigations", Metroeconomica, 55(1) (2004)
- Rieu, D.-M., "Estimating Sectoral Rates of Surplus Value: Methodological Issues", Metroeconomica, 59(4) (2008)
- Rieu, D.-M., "The ‘New Interpretation’: Questions Answered and Unanswered", Metroeconomica, 60(3) (2009)
- Roemer, J. E., "Analytical Foundations of Marxian Economic Theory" (1981), Cambridge University Press
- Veneziani, R., "Strong Subjectivism in the Marxian Theory of Exploitation: A Critique", Metroeconomica, 62(1) (2011)