Yeah! Why don’t we just switch to one of the other economic systems we’ve used in the past that was completely free of exploitation?
Wait…
Yeah! Why don’t we just switch to one of the other economic systems we’ve used in the past that was completely free of exploitation?
Wait…
The analogy kind of falls apart since she is not limited to this guy and Chad. She’s free to choose nothing at all. With Trump vs Biden, there’s no viable third option, and having no president is not one of the options. So the “Trump is worse” argument becomes viable simply because you do have to choose one of them.
There is never going to be a 1:1 ratio between labour value and compensation. Even in a non-profit employee-owned cooperative, there will be external costs that will have to funded from somewhere.
It becomes exploitation when that ratio becomes disproportionate and the ownership starts extracting more than their fair share. Capitalism definitely does nothing to discourage this, but it’s not a mandatoy feature.