Against the New American Century

[Perndog]

Okay, then it's when the party with the greater benefit has manipulated the transaction in such a way that he has the advantage and the other party is powerless to change the situation.

Example: I pay you to work. My work gets done and you get money, so we both benefit. Then I lower your wage (because I can), and if you don't have another job available you have to keep working for less. You are still benefitting, because I'm still paying you. But I'm exploiting you because I've got your balls in a vise.