Rational Equitarian Democracy Minimax Class and the Future of Capitalist Society: A Sketch towards a...

<jats:p> The logical structure of class theory is described in terms of a number of correspondence principles. The theory of class depends upon a concept of exploitation (and justice). The Marxian concept of exploitation is but one possible example of a more general conception. Class boundaries drawn in terms of the Marxian concept (i.e. labouring time and positions in the relations of production) apply when the line between capital and labour is relatively unambiguous. Where this is not the case a new concept is needed, formulated in terms of unequal choices in the relations of production, exchange and consumption. The new concept emerges in minimax class society where class boundaries derive from an individual's status as a provider of labour and capital and as a consumer. </jats:p>