History of Economic Ideas
Exploitation refers to the unjust or unethical treatment of individuals, particularly in economic contexts where one party benefits at the expense of another. This concept is central to critiques of capitalism, highlighting how laborers are often paid less than the value they produce, leading to wealth accumulation for owners while workers remain impoverished. It underscores power imbalances in the labor market and challenges the fairness of economic systems that prioritize profit over people.
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