At a restaurant you trade money against a good meal. Wealth just got created.
You valued your money less than the meal, and the cook valued the meal less than the money. The sum of the difference of valuation is wealth.
Not all trade is equal. Most of the time there is a power relationship where the strong exploits the weak.
An example is sweatshops. People who need jobs are willing to allow themselves to be exploited because they need money. This was common in 19th/ early 20th century before existence of labor unions
how is a sweatshop exploiting anyone if they agree to work there out of their own free will, without the sweatshop they would be worse off.
Do you believe its ethical to exploit desperate people? Free will is just a red herring
They are not as desperate as you think. These people can try to get better work or collectively bargen for better wages or work environment.
My question was simple...is it ethical to exploit desperate people. Even if these people voluntrarly amd free willungly accets the sweathop jobs. Yes or no?
If people are accepting these jobs out of their own free will and when other jobs are available then they are not at all being exploited. Exploiting someone would be when they would be tricked into accepting a job and then paying them much less then what is promised.
Well too bad for you that in Western world we already have labor regulation in place. Do propose to undo those regulations?
You dont have to trick anyone to exploit them. They willingly allow themselves to be exploited when faced w worse options. However, this doesnt remove the ethical aspect of the exploit itself. Like i said free will is a red herring
Either you dont know what a sweatshop is or you think it can't exist because free will and free market. I find this to be naive