Rick Kelo points out that when people enter into a peaceful, voluntary exchange where both parties have the right to say no to the trade, then exploitation is impossible.
The very word exploitation was created in the 1830s by a French Socialist named Saint Simon, Rick Kelo mentions. Prior to Simon's writings that word did not exist. However, the very definition of the word exploitation excludes voluntary transactions:
The Oxford Dictionary defines it as:
"The action or fact of treating someone unfairly in order to benefit from their work."There can be no unfair treatment in a voluntary trade since if either party felt the trade was unfair they merely wouldn't enter into it.
