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Our society is premised on the vast majority of people not extracting all of the value they create. The difference between what people create and what they extr
by NoGravitas 10y ago
Our society is premised on the vast majority of people not extracting all of the value they create. The difference between what people create and what they extract via wages is the source of profit, and is extracted by the capital-owning class. This is...basic economics.
https://en.wikipedia.org/wiki/Exploitation_of_labour#Marxist_exploitation_theory https://en.wikipedia.org/wiki/Exploitation_of_labour#Marxist...
- SamReidHughes 10y agoNo, it's extracted by the customer. Which all workers are in other contexts.