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Exploitation is a concept defined as, in its broadest sense, one agent taking unfair advantage of another agent. [1] When applying this to labour (or labor) it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between workers and their employers. [2] When speaking about exploitation, there is a ...
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. [1] [2] Because these labourers exist as parts of a social, institutional, or political system, labour economics must ...
Forced labour, or unfree labour, is any work relation, especially in modern or early modern history, in which people are employed against their will with the threat of destitution, detention, or violence, including death or other forms of extreme hardship to either themselves or members of their families. [note 1] Unfree labour includes all ...
This page was last edited on 16 August 2015, at 05:31 (UTC).
Wage labour (also wage labor in American English ), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. [1] These transactions usually occur in a labour market where wages or salaries are market-determined. [2]
29. Dez. 2023 · sister projects: Wikipedia article, Wikidata item. Wage-Labor and Capital was originally a lecture on political economy by Karl Marx and presented to workers' organizations in 1847. They were later published in April 1849 as multiple articles in the Neue Rheinische Zeitung. After the death of Marx, the work was revised by Friedrich Engels and ...
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