The idea that labor exploits capital is equally as plausible, sans assumptions*, as the idea that capital exploits labor. This is only intended as a response to the formal concept, descriptive or normative, of exploitation in Marx's schema from Capital Volume I. * Assumptions include the power relation whereby capital is just assumed to be above labor hierarchically. ~ ~ Capital exploits labor because... ... Capital earns income from production done by labor that capital didn't perform & ~ Labor exploits Capital because... ... Labor earns income from capital that labor didn't buy ~ Basically in good old formal logic fashion both of those cases above, being factual descriptions, are true at once or are false at once.
econ, philosophy and some forays into business and culture