Wealth, Exploitation and Labor Discipline in the Contemporary Capitalist Economy

ISER Discussion Paper from Institute of Social and Economic Research, Osaka University

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.

Keywords: WEALTH; LABOUR MARKET; CAPITALISM; MODELS; SOCIAL JUSTICE (search for similar items in EconPapers)
JEL-codes: D60 D63 J20 P10 P19 (search for similar items in EconPapers)
Pages: 42 pages
Date: 1996
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Citations: View citations in EconPapers (7)

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Journal Article: Wealth, Exploitation and Labor Discipline in the Contemporary Capitalist Economy (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:dpr:wpaper:0405

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