/biz/ - Business & Finance

>>49909841
People can agree to all kinds of things and get ripped off. That's how it works, kek. Just cause you agree to something doesn't mean it isn't not exploitation.
This is why reading capital is so important because marx explains this relationship in a way that makes sense:
We exchange goods when they are of equal value so the labor of X must be equal to the value imbued in a commodity.

Let's say you own a bicycle shop and you need to build bikes.
X amount of labor is required to build a bike worth X. No exploitation has happened here because the value of the labor is equal to the value of the utility in the commodity that has been produced. in this case a bike.
Now let's so you heir some one to do this for you.

Anyone knows on this board as well as I do that you cannot just magic value out of thin air in this economy. At least not with out consequences.
Now you are entering into an exploitative relationship because in order to profit you have to pay a wagie LESS than the value of there labor which is X to make something that is worth X yet they receive less than X for their labor that is worth X which takes shape in the form of sed commodity. A bicycle.