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EMIGRATION: Migration that leaves one country for another country. This is the other side of immigration. While immigration is people moving into a country, emigration is people moving out. People emigrate for the same reasons they migrate in general, to improve their lot in life. Emigration can be a problem for a country that's not highly developed because those who leave are often the "best and the brightest." As such, a country that's struggling to advance often finds itself left with unskilled, uneducated labor--the poorest of the poor who can't afford to leave.
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                           EXPLOITATION: The notion that capital owners and entrepreneurs of the second estate "take advantage" of workers of the third estate by paying them less than their contributions to production. From a purely theoretical perspective, exploitation occurs if labor is paid a wage less, usually substantially less, than its contribution to production. While other inputs can, in principle, be subject to exploitation, concern is primarily directed toward labor because: (1) wages are the primary source of income for many workers and (2) other inputs, in practice, are less likely to encounter exploitation. As such, if anyone is likely to suffer from exploitation, it is someone whose main source of income is wages earned from the sale of labor services.As part of the ongoing battle between the employees of second estate and employers of the third estate, exploitation is a politically charged term. In some circumstances it is bandied about without justification. In other circumstances, the charge is justified. For instance, during the U. S. industrial revolution in the late 1800s and earlier 1900s labor was typically overworked, underpaid, and subject to hazardous working conditions. The labor union movement that emerged in the United States at this time was a direct response to this exploitation. Similar working conditions in England in the early 1800s contributed to Karl Marx's critique of capitalism in his Communist Manifesto and Das Kapital, and which gave ammunition to revolutionaries who brought communist/socialist economic systems to the Soviet Union and China. Monopsony is a handy theoretical model often used to analyze exploitation. In a market with a single buyer of labor services, the price (or wage) paid is less than in a competitive market. Moreover, this price (or wage) is also less than the marginal revenue product (that is, the contribution to production), hence labor is exploited.
Recommended Citation:EXPLOITATION, AmosWEB Encyclonomic WEB*pedia, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: July 1, 2025].
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Today, you are likely to spend a great deal of time calling an endless list of 800 numbers looking to buy either a battery-powered, rechargeable vacuum cleaner or a remote controlled World War I bi-plane. Be on the lookout for mail order catalogs with hidden messages.
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Approximately three-fourths of the U.S. paper currency in circular contains traces of cocaine.
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Ad Valorem Taxes
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