IDEAS home Printed from https://ideas.repec.org/a/sae/reorpe/v38y2006i2p175-192.html
   My bibliography  Save this article

Exploitation: A Modern Approach

Author

Listed:
  • Robin Hahnel

    (Department of Economics, American University, Washington, DC, 20016; rhahnel@american.edu)

Abstract

Political economists who have abandoned the Marxian labor theory of value during the past few decades due to logical inconsistencies have failed to replace it with a logically sound theory that explains how and why the employment relationship is almost always exploitative even when labor markets are competitive. This article argues for a sacrifice-based theory of economic justice rather than the contribution-based theory implicit in the Marxian labor theory of value and uses a simple theoretical framework to explain not only why the employment relationship is exploitative but also why credit relations and goods trading can be exploitative as well.

Suggested Citation

  • Robin Hahnel, 2006. "Exploitation: A Modern Approach," Review of Radical Political Economics, Union for Radical Political Economics, vol. 38(2), pages 175-192, June.
    • Handle: RePEc:sae:reorpe:v:38:y:2006:i:2:p:175-192
    as

    Download full text from publisher

    File URL: http://rrp.sagepub.com/content/38/2/175.abstract
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. John B. Davis & Wilfred Dolfsma (ed.), 2015. "The Elgar Companion to Social Economics, Second Edition," Books, Edward Elgar Publishing, number 15954.
    2. Galanis, Giorgos & Veneziani, Roberto & Yoshihara, Naoki, 2019. "The dynamics of inequalities and unequal exchange of labor in intertemporal linear economies," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 29-46.
    3. Weikai Chen & Naoki Yoshihara, 2019. "Persistent Exploitation with Intertemporal Reproducible Solution in Pre-industrial Economies," UMASS Amherst Economics Working Papers 2019-10, University of Massachusetts Amherst, Department of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:38:y:2006:i:2:p:175-192. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.urpe.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.