LABOUR FORCE EXPLOITATION AND UNEQUAL LABOUR EXCHANGE AS THE ROOT CAUSE OF THE EUROZONE'S INEQUALITY Cover Image

LABOUR FORCE EXPLOITATION AND UNEQUAL LABOUR EXCHANGE AS THE ROOT CAUSE OF THE EUROZONE'S INEQUALITY
LABOUR FORCE EXPLOITATION AND UNEQUAL LABOUR EXCHANGE AS THE ROOT CAUSE OF THE EUROZONE'S INEQUALITY

Author(s): Ivan Rubinić, Maks Tajnikar
Subject(s): Labor relations, Political economy, Social differentiation, Socio-Economic Research
Published by: Institut društvenih znanosti Ivo Pilar
Keywords: economic inequality; labour force exploitation; unequal labour exchange;

Summary/Abstract: The cornerstone of this research is the development of a model which investigates the origins of economic inequality as a derivative of labour force exploitation. The starting point of this inquiry is the theory of unequal labour exchange. The concept being empirically analysed is that the phenomenon of unequal labour exchange between Eurozone countries, arising from exploitation on a national level, plays a key role in creating inequality. The findings indicate that the differences between the capital-labour force ratio and disequilibrium prices enhanced by various levels of economic efficiencies, explain the differences in exploitation rates and arising cross-country inequality.

  • Issue Year: 28/2019
  • Issue No: 2
  • Page Range: 207-228
  • Page Count: 22
  • Language: English
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