Why was Marx theory of exploitation wrong?
Marx held that the creation of surplus value is the source of economic exploitation; when capitalists convert surplus value into money value they amass profit. However, no country, communist or otherwise, could do away with the creation of surplus value as it is an indispensable part of national prosperity. Marx’s weakness here is that he tried to interpret exploitation only in an economic perspective. Prout’s analysis of exploitation says: 1. Economic exploitation involves the unrestricted plunder of the physical and psychic labor of communities together with the natural resources in their local areas. 2. By undermining local culture and corrupting the mental and spiritual spheres by introducing foreign culture with an economic motivation, exploitation includes psychic and spiritual exploitation as well. Marxism could not perceive of such pervasive exploitation as its world view is materialist.
