our learned Ph.D seems occupied by Marxist theories.We have not
heard
exploitation of Singapore's workers by the
Government
for long long time.
2.
Exploitation
First published Thu Dec 20, 2001; substantive revision Mon May 16,
2005
To exploit others is to take unfair advantage of them. Although
exploitation has figured prominently in Marxist theories, it is
frequently invoked in ordinary moral and political discourse
--http://plato.stanford.edu/entries/exploitation/
Tell me ,when did the last time u hear of this word?
3.Lets revise residual value:
2. It is the fact that the [capitalist's] income is derived
through forced, unpaid, surplus [wage] labor, the product of which
the workers do not control, which makes [wage labor] exploitive.
(Holmstrom 1997, 357).
