Exploitation

The Three Types of Economic Exploitation

"According to Karl Marx, the creation of surplus value is the source of economic exploitation. Capitalists convert the surplus value into money value and that is how they accumulate profit. After analysing the capitalist economy, Marx reasoned that all profit is exploitation because profit means the denial of the legitimate right of the working class to the wealth they produce. Consequently, profit is nothing but the exploitation of labour. Marx concluded that the creation of surplus value will stop only when economic exploitation ends.

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