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Exploitation and Coercion

  • John Meadowcroft

Abstract

This chapter will examine the second aspect of ‘social justice’ that must be taken into account in an ethical assessment of the market: the claim that many of the supposedly voluntary exchanges that take place in a market economy are in fact founded upon exploitation and coercion.

Keywords

Market Economy Bargaining Power Ethical Critique Labour Theory Voluntary Exchange 
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Copyright information

© John Meadowcroft 2005

Authors and Affiliations

  • John Meadowcroft
    • 1
    • 2
  1. 1.Institute of Economic AffairsLondonUK
  2. 2.Hansard Scholars ProgrammeLondon School of Economics and Political ScienceLondonUK

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