Glen Tenney's Online Resources
Topic: Exploitation Theory 


 

Do We Exploit Cheap Immigrant Labor?

By Ryan McMaken

3 pages, 2007

Classical Economics vs. The Exploitation Theory

By George Reisman

In this excellent article, Dr. Reisman suggests that profits are not deducted from wages as the classical economists, and Marx, thought. In a world without the capitalist, profits are the primary form of income. It is only when capitalists enter the scene that people are able to work for wages, and thus the interests of the capitalists and the wage earners are complimentary rather than exploitative. He then revises the labor theory of value in a manner consistent with this thesis. (2005, 17 pages)

Envy Unleashed at the New York Times

By George Reisman

Those concerned about the apparent widening gap between the incomes of the rich and poor sometimes fail to realize that the rich pay high percentages of taxes in society and they also provide the capital that raises standards of living for the relatively poor.  (3 pages, 2005)

Marxist and Austrian Class Analysis

By Hans H. Hoppe

This article is a classic exposition of the differences and similarities of the Marxist exploitation theory and what Hoppe calls the Austrian exploitation theory.  (14 pages, 1990)

Marxism

By David Prychitko

This short piece is a basic explanation of Marxist exploitation theory from the perspective of a modern economist. Complements of the online Library of Economics and Liberty.

The Marxian Class Conflict Doctrine, and The Marxian Theory of Wage Rates

By Ludwig von Mises

This link consists of two chapters from Mises’s much-overlooked volume Economic Freedom and Interventionism. The language and content here are probably accessible than his masterpiece Human Action. And it is much shorter.  (6 pages)

 

 

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