Social exploitation is a second mechanism, securing labor from population segments that can be coerced or convinced to perform necessary work for free or at below-market compensation. Societies use various resource-allocation mechanisms, including price, to cope with gaps between wants and resources. To make matters somewhat worse, research suggests that need- and want-fulfillment tends to further stimulate the cycle of want-seeking rather than satiating desire. Thus societies are always in deficit demand always exceeds supply and “balancing the budget” is a constant social problem. Social Exploitation Social Surplus Elderly PolicyĪBSTRACT: In all societies needs and wants regularly exceed resources. New York, NY: Cosimo.īalancing the Budget through Social Exploitation: Why Hard Times Are Even Harder for Some Volume 1, Part 1: The process of capitalist production. Capital: A critique of political economy.
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