some of the old neo-classicals talked about imperfect competition -- monopoly pricing -- as a form of exploitation. In Marx there are no such distortions of the market, AFAIK.
mbs
-----Original Message----- From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]On Behalf Of Luke Weiger Sent: Wednesday, January 21, 2004 12:10 PM To: lbo-talk at lbo-talk.org Subject: Re: [lbo-talk] Imperialism & Exploitation
----- Original Message ----- From: "Max B. Sawicky" <sawicky at bellatlantic.net>
> The second is whether you want to call profit-making
> exploitation. If you're in a miserable state and I
> come along with some capital and devise a way to make
> you slightly better off and myself much better off,
> is or is that not exploitation.
That _is_ exploitation in the Marxist sense, right?
-- Luke ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk