Economics

Exploitation of Labour

Exploitation of Labour

This article describe about Exploitation of Labour, which is what occurs when an employer pays laborers less than their labor is worth. It actually refers to social relations where an “actor or character of actors uses others for their own end because of a fundamentally asymmetric power relationship between them”. Karl Marx’s theory explicitly rejects the moral framing characteristic of the notion of exploitation, and restricts the concept to the field of labour relations.