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Hillel Steiner on Exploitation

Philosophy Bites

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The Real Value of a Rare Book

Free market supporters say it's impossible for exploitation to occur in the free market because every transaction is voluntary. We need more facts to be the case before we can say for certain that it's an exploitation, he says. 'I agree with that theory of value about the highest price that someone would bid is the correct measure of the value of something'

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