Mises Daily
Author:
George Reisman
Online Publish Date:
For more than a century, one of the most popular economic doctrines in the world has been the exploitation theory. According to this as Marx maintained. The Exploitation Theory and the Overthrow of Classical Economics It is obvious that the exploitation theory is one of the most powerful are wages connected even indirectly with the “cost of production of labor.” The growth of population in a division-of-labor, free-market society does not require the