Category: Globe

Comments on Global Issues and Concerns

Trump Brexit Pooyaka

Trump and Brexit

Today, 20 November 2017, Donald John Trump was sworn in as the 45th president of the United States. About six months ago, in the Brexit referendum, the British voted for the UK to leave the European Union. Only 52% of the Brits were in favour of the Brexit and Trump failed to win the popular vote (his victory came as the result of the electoral college system). Both victories surprised or at least, went against the opinion of many experts. That is why some consider the two events as mere anomalies. However, in this article, I suggest that we’d better view them as harbingers of a new era.

Exploitation

Exploitation

In this article, I explore Marx’s concept of exploitation. First, I define exploitation based on the idea of surplus-value. To do this, I start with the commodity, its price, and its exchange value. I then move to the components of the cost of production, the idea of surplus-value, and finally, exploitation. I finish the essay by exploring two important misreadings of Marx’s view regarding determination by market and injustice.