The employment contract with externalised costs: the avatars of Marxian exploitation

Rodolphe dos Santos  Ferreira; Ragip Ege

doi:10.1080/09672567.2018.1481988

The employment contract with externalised costs: the avatars of Marxian exploitation

Rodolphe dos Santos Ferreira^*, Ragip Ege

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

Abstract

The paper pursues two aims. The first is to argue that the foundation of Marx’s theory of capitalist exploitation is to be found, not in the labour theory of value, but rather in the contract of employment, the legal frame of the capital-labour relation. The second is to suggest that the partial externalisation of the reproduction cost of labour power has been an important source of relative surplus value, along with the productivity increase, emphasised by Marx, in the industries supplying wage goods.

Original language	English
Pages (from-to)	1081-1093
Number of pages	13
Journal	European Journal of the History of Economic Thought
Volume	25
Issue number	5
DOIs	https://doi.org/10.1080/09672567.2018.1481988
Publication status	Published - 3 Sept 2018

Keywords

Cost externalisation
Employment contract
Labour market flexibility
Labour value
Marxian capitalist exploitation
Prices of production
Surplus value
Welfare state

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/09672567.2018.1481988

Cite this

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The employment contract with externalised costs: the avatars of Marxian exploitation

Abstract

Keywords

UN SDGs

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