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Wealth, Exploitation and Labor Discipline in the Contemporary Capitalist Economy

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  • Yoshihara, N.

Abstract

This paper synthesizes, in one Leontief economic model, the arguments of exploitation and unequal distribution of wealth by Roemer (1982,1986) and of the power relationship between employers and employees concerning the labor extraction by Boyles and Gintis (1988,1990). The author introduces the level of the agent's labor-discipline as measured by the ratio of labor effort per unit of labor time to the real wage rate.

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Bibliographic Info

Paper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0405.

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Length: 42 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:dpr:wpaper:0405

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Related research

Keywords: WEALTH; LABOUR MARKET; CAPITALISM; MODELS; SOCIAL JUSTICE;

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Cited by:
  1. Yoshihara, Naoki & Veneziani, Veneziani, 2013. "The measurement of labour content: a general approach," CCES Discussion Paper Series 47, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
  2. Naoki Yoshihara & Roberto Veneziani, 2009. "Exploitation as the Unequal Exchange of Labour: An Axiomatic Approach," Working Papers 655, Queen Mary, University of London, School of Economics and Finance.
  3. Veneziani, Roberto & Yoshihara, Naoki, 2013. "Unequal Exchange, Assets, and Power: Recent Developments in Exploitation Theory," Discussion Paper Series 594, Institute of Economic Research, Hitotsubashi University.
  4. Roberto Veneziani, 2013. "Exploitation, inequality and power," Journal of Theoretical Politics, , vol. 25(4), pages 526-545, October.

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