[lbo-talk] what's right with capitalist exploitation/Fetters: literary criticism/self-criticism

Charles Brown cbrown at michiganlegal.org
Thu Jul 19 08:17:32 PDT 2007


Exploitation enters the picture only with the use of the extracted and capitalized surplus. If the surplus is used for essentially private consumption and transaction costs of capitalists - it is exploitation. However, if it is used for general benefit of society as a whole (investment in public goods, etc.) - it is a mechanism of social progress.

Wojtek

^^^^ CB: Yes, the more the socially produced is socially appropriated and less privately appropriated, the more today's society moves into the realm of freedom.



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