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A Neoclassical Theory of Labor Exploitation: Some Comments

Author

Listed:
  • Deepankar Basu
  • Debarshi Das
  • Subhankar Mukherjee

Abstract

In this note, we comment on two aspects of the analysis presented in Eswaran’s article “The Nature of Labor’s Vulnerability to Exploitation.†First, we compare Eswaran’s neoclassical views of labor exploitation with the standard Marxian understanding of labor exploitation. Second, we delve deeper into Eswaran’s model and raise a set of questions about his analysis. JEL Classification: P12, J22, B14

Suggested Citation

  • Deepankar Basu & Debarshi Das & Subhankar Mukherjee, 2025. "A Neoclassical Theory of Labor Exploitation: Some Comments," Review of Radical Political Economics, Union for Radical Political Economics, vol. 57(4), pages 892-897, December.
    • Handle: RePEc:sae:reorpe:v:57:y:2025:i:4:p:892-897
    DOI: 10.1177/04866134241291910
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    References listed on IDEAS

    as
    1. Deepankar Basu & Cameron Haas & Thanos Moraitis, 2024. "Intensification of Labor and the Rate and Form of Exploitation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 56(1), pages 26-50, March.
    2. Deepankar Basu, 2023. "Exploitation of Labor or Exploitation of Commodities?," Review of Radical Political Economics, Union for Radical Political Economics, vol. 55(2), pages 233-250, June.
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    More about this item

    Keywords

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    JEL classification:

    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist

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