Roemer's “General” Theory of Exploitation Is a Special Case:The Limits of Walrasian Marxism
- 1 October 1991
- journal article
- essays
- Published by Cambridge University Press (CUP) in Economics and Philosophy
- Vol. 7 (2) , 235-275
- https://doi.org/10.1017/s0266267100001413
Abstract
In a series of recent writings, John Roemer (1982a, 1982b, 1985, 1988) has made a provocative claim: exploitation and class are merely second-order concepts within Marxian theory, because both phenomena derive directly from differential ownership of productive assets (DOPA); indeed, exploitation remains a consistent index of economic injustice only if a “property relations” conception of exploitation replaces the common “labor-value” view. In sum, property relations, not the labor exchange, the labor proces, labor values, or even capitalist accumlation should bethecentral concern of Marxian theory.Keywords
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