Conor Wiley

13%
Flag icon
It’s easy to understand this concept on production lines. If you’re bottling a hundred curry pasta sauce jars an hour, sixty of those might be necessary to pay your wages and other overheads, but every jar after that is surplus. Some goes directly into a capitalist’s pockets, but much of it is reinvested into production to keep firms competitive. Socialists call this phenomenon “exploitation.”
The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality
Rate this book
Clear rating
Open Preview