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Wealth, Exploitation and Labor Discipline in the Contemporary Capitalist Economy

Author

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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.

Suggested Citation

  • Yoshihara, N., 1996. "Wealth, Exploitation and Labor Discipline in the Contemporary Capitalist Economy," ISER Discussion Paper 0405, Institute of Social and Economic Research, Osaka University.
  • Handle: RePEc:dpr:wpaper:0405
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    Cited by:

    1. Yoshihara, Naoki, 2010. "Class and exploitation in general convex cone economies," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 281-296, August.
    2. 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.
    3. Yoshihara, Naoki & Veneziani, Roberto, 2009. "Exploitation as the Unequal Exchange of Labour : An Axiomatic Approach," Discussion Paper Series a524, 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.
    5. repec:spr:sochwe:v:49:y:2017:i:3:d:10.1007_s00355-017-1072-6 is not listed on IDEAS
    6. 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.

    More about this item

    Keywords

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

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • P10 - Economic Systems - - Capitalist Systems - - - General
    • P19 - Economic Systems - - Capitalist Systems - - - Other

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