
That’s an ignorant response. Do you even understand what I mean when I say exploitation? This is literally Econ 101 stuff. Exploitation in our current economic system means that working people who must sell their labor in order to pay for basic necessities are not compensated for the full value of their labor.
Now frankly if the working people in question were able to work reasonable hours and if they had access to all the resources they need to live a happy and fulfilling lives, I wouldn’t have a serious issue with exploitation. However, that’s just not how our economy works. Sick and dying people are taken for all they have because they literally have no other options. Working people are forced to sell their labor because if they don’t they generally won’t be able to house and feed themselves or their family. People are literally dying in the street because they can’t pay the egregious rents landlords are charging.
All of that pain and suffering is what makes profit seeking and wealth hoarding morally objectionable behavior. We literally have super yachts trolling on by waterfronts where people are forced to live in tent cities. These disgusting displays of gluttony should make anyone with a heart realize how morally bankrupt the wealthy truly are. Do you have no heart?
Again, it seems like you have a really vague notion of what value actually is which is what makes you incapable of understanding the concept of labor exploitation. You need to understand the difference between marginal theories of value, which is defined by a circular logic where price determines value and value determines price, and labor theories of value, where people interact with the material world to modify it in some way that gives it added utility.
It’s not that simple. You can be an employer and not exploit the people that work for you. However, doing that means you will not have a profitable business. Profits come from exploitation. Please understand that when I use the word exploitation I’m not making an inherently moral argument about whether exploitation is good or bad. Exploitation is simply a material phenomena. I believe it only becomes a moral issue when undue suffering occurs as a result of said exploitation.
He might be. Small business are often some of the most exploitive workplaces because of how unprofitable they can be. It’s not uncommon for a small business to be forced into situations where they really have no choice but to exploit their staff if they want to continue operating. This is why so many restaurants in the US rely on undocumented immigrants who they can pay less than the minimum wage. It’s a flaw in the way our economy works.
This happens to a lot of people in industries where profitability declines. When profits are high, workers in those industries often get paid that they can afford their basic needs. However, as profits wane investors look to bolster them by taking more from their employees. What’s happening in the tech sector is a prime example of such a phenomenon. Unfortunately, this is a tendency that’s baked into the our economy. It prevents long term sustainable from being achieved in industries that are key to our economy but where the opportunities for new markets or innovations are lacking.
Have you thought that maybe you’re the one who’s more confident that you really should be? I get that a lot of what I’ve said may contradict vague notions about how the economy works that you may have absorbed simply because you exist within a world steeped in corporate propaganda. However, your beliefs are not ones that any worthwhile economist would take seriously.