What is exploitation and how does it occur? - TimesMojo
What is exploitation and how does it occur? - TimesMojo
Jul 7, 2022
timesmojo.com
This video from the Gravel Institute, featuring Professor Richard Wolff, explains how capitalism inherently exploits workers by paying them less than the value they create. It defines exploitation as an economic phenomenon where the surplus value produced by labor is appropriated as profit by capitalists, arguing that this system leads to wealth accumulation for owners at the expense of workers. #Capitalism #Exploitation #RichardWolff #Economics #WorkersRights
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