Ever heard of exploitation labor? Exploitation of labour is the act of treating ones workers unfairly for ones own benefit
I understand the concept, but I've never witnessed it here where I live, could you tell me more?
Actually, I can. It is a social relationship based on a fundamental asymmetry in a power relationship between workers & their employers...
If I'm understanding you correctly, another term for this would be slave labour? Is this as abundant in the "first world" as it is in "third world" countries?
It is; just is underground. Traditionally, this would label exploitation as unfairly taking advantage of another person because of his or her inferior position, giving the exploiter the power 99.9% of the time
The 0.01% would be for those workers living in countries or states with fairer work laws, correct?
, political expression, labor laws, and other working conditions. Organized unions and their umbrella labor federations such as the AFL–CIO and citywide federations have competed, evolved, merged, and split against a backdrop of changing values and priorities, and periodic federal government intervention.
As commentator E. J. Dionne has noted, the union movement has traditionally espoused a set of values—solidarity being the most important, the sense that each should look out for the interests of all. From this followed commitments to mutual assistance,
Exploitation of labour
Exploitation of labour (or labor) is the act of treating one's workers unfairly for one's own benefit. It is a social relationship based on an asymmetry in a power relationship between workers and their employers. When speaking about exploitation, there is a direct affiliation with consumption in social theory and traditionally this would label exploitation as unfairly taking advantage of another person because of his or her inferior position, giving the exploiter the power.
Karl Marx, who is considered the most classical and influential theorist