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Does Capitalism Exploit Workers?
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Freedom; Posted on: 2012-07-22 09:32:14 [ Printer friendly / Instant flyer ]
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It may well be the nature of the beast.
The idea that capitalism exploits workers stems from Karl Marx’s work in
the late 1800s. Although the definition of “exploitation” has changed
since then, many still believe capitalist systems take advantage of
vulnerable workers. Prof. Matt Zwolinski explains why capitalism
actually tends to protect workers’ interests. And Zwolinski contends
that even if it were exploitative, increasing political regulation and
control would actually make the problem worse.
Increases in government make citizens more vulnerable to the state.
Political officials are tempted to exploit this vulnerability for the
benefit of the politically well connected. Unlike free market
transactions, which are mutually beneficial, when politics is involved
one party’s gain usually comes at someone else’s expense.
Continue to video
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News Source: Libertycrier.com
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