What aspect of economic exploitation does Richard Vedder's method of calculating the rate of exploitation not account for?

Question

Quizplus · Accepted Answer

Richard Vedder's method focuses on the economic aspects of exploitation, particularly in terms of labor value extracted versus compensation provided. It does not specifically account for the psychological or motivational impacts such as the loss of incentive to self-improve, which is a more intangible aspect of exploitation.

What Aspect of Economic Exploitation Does Richard Vedder's Method of Calculating