Congratulations, you have discovered socialism. Most people find extreme injustice in seeing the value of their labor being stolen by the capitalist class. Socialism is an economic system that does away with the employer-employee distinction and allows all workers to take ownership of their own labor. In practice, this means the democratization of the workplace, and the end to the autocratic workplace. Edit: To actua…
Socialism is only a valid answer if you don't understand technology. If you think there's a fixed pie and we have to forcibly break it into rations so that everyone gets at least something . But technology offers a much better solution, which is grow the pie large enough that everyone has as much as they want. There are no physical limitations to this concept. The universe is rich with everything we need for billions…
His clever insight, the basis of his theory of exploitation, was that labour value and labour power are different. The labourer sells labour power. The difference between the labour value of the good and the labour power sold accrues to the capitalist.
One of the several ways he was wrong was that prices aren't really set by labour value at all. All economic value is subjective, influenced by many factors. The average amount of labour is neither here nor there.