“Exploitation theory” is something I see being constantly used in socialist arguments, even today. What you won’t hear is that exploitation theory is an uneconomic mess that was completely destroyed by advances in price theory that happened while Marx was still alive.
Oddly enough, even Marx’s opponents, like Kropotkin in The Conquest of Bread, use this faulty idea of exploitation to make their arguments, and it’s kind of painful to watch.
Above, in a ~16 minute video, I’ll break down the problems with exploitation theory and provide a concrete example where a person might choose to rent a tool from another without either person exploiting the other, and with no aggression or differences in ability.
The bottom line is this: anytime someone tells you somebody is exploiting someone else without providing evidence, you can simply dismiss them using the arguments in this video. Their attempts to label certain relationships as exploitative is just them trying to steal a base, and you shouldn’t let them.
My notes and script, if you want to read them.
Video also available on BitChute.
