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Can you please define what exploitative means? Is there a split of profit between labor and capital that is universally accepted as such?
by omonra 15y ago
Can you please define what exploitative means? Is there a split of profit between labor and capital that is universally accepted as such?
- __alexs 15y agohttp://en.wikipedia.org/wiki/Exploitation#Theories http://en.wikipedia.org/wiki/Exploitation#Theories http://en.wikipedia.org/wiki/Surplus_labour#Surplus_labour_and_exploitation http://en.wikipedia.org/wiki/Surplus_labour#Surplus_labour_a... "Exploitation occurs when those appropriating surplus labour — whether in the form of surplus-value, surplus product or direct surplus labour — are different than those performing surplus labour..." There is no universal definition exactly but they share certain elements. In particular exploitation is the result of a power inequality between the laborer and the exploiter. The question is not simply about the split of profits between capital investors and laborers. (Since capital is the accumulation of surplus labor, it's already exploitative.) The original act of exploitation it's self occurs much earlier. When you do not receive renumeration equal in value to that of your surplus labor. Putting real numbers to those values is hard and I don't really have a satisfying answer to give you. You might find Elinior Ostroms work interesting though. http://en.wikipedia.org/wiki/Elinor_Ostrom http://en.wikipedia.org/wiki/Elinor_Ostrom
- omonra 15y agoUmm..ok. So this is just plain Marxism. So - if entrepreneurs give away all surplus value to their employees, what motivation do they have to start businesses?