Greetings,
I have what I hope is not a terribly naive or obtuse question. In discussions of justice in contractual relations, one frequently sees commentators and less occasionally courts refer to exploitation or the idea that a particular contract is exploitive.
Can anyone point toward theoretical literature that tries to rigorously set out the idea of exploitation? What does it mean for a contract to be exploitive and why exactly is that wrong?
I am not talking about theories of unconscionability so much as the specific idea of exploitation. It seems like a ubiquitous building block in a lot of normative arguments about contract law, but when I think about it it always seems to be a Potter-Stewart-on-obscenity
("I know it when I see it") kind of concept.
I am hoping that I am just revealing my bibliographic ignorance here, and someone can point me toward some rigorous treatments of the idea.
Best wishes,
Nate
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Nathan B. Oman
Rollins Professor of Law
William & Mary Law School
P.O. Box 8795
Williamsburg, VA 23187
"We lived in the hope that, if we survived and were good, God would
allow us to become pirates." --Mark Twain