Why is production for exchange bad?

Why is production for exchange bad?

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Because the whole logic behind it is to rip people off instead of producing what society needs.

40% of groceries goes to waste in the West, people die of hunger in the rest of the world.

As a Mutualist I explain it like so…

Every product has a cost incurred during production. This cost comes in the form of labor, as well as raw materials. Products also have a cost in trade of course, if you acquire them that way rather than producing them yourself. Every product also has an "exchange value" which (in general terms) is equal to what you'd expect the product to sell for. So we can say the exchange value is roughly the same thing as price. Generally, sellers charge the highest price possible in order to maximize profits. This leads to a couple of negative consequences. For one thing - you can buy or create a product, and then sell it for more than it cost you. The difference between how much acquiring/producing this product cost you - and the amount you sold it for can be called "profit". You can reinvest your profits to expand this operation and create exponential accumulation. That's bad enough on its own but it gets worse.

Now this merchant is selling products that cost him relatively little labor to acquire. The proletariat, however, has need of these products. So the proletariat pays whatever price is charged. Let's say that price is ten dollars for a days' worth of food.That ten dollars might represent ten hours worth of work for the proletariat. Subtracting the cost of acquiring the food from the ten dollars it sold for may leave a few dollars in profit. This transfer of a few dollars is little more than "free money" for the merchant, requiring no labor on their part. But for the proletariat it represent the loss of hours of their life. And seeing that one must eat in order to live: the proletariat has no choice but to participate in this exploitation to survive. This is hardly a fair way to run society.

Society is fleeting, ignore it and focus on important things like morality and honor.

Wew lad

Thoses things won't protect you from capital's hunger, if you even refuse to follow the law of value out of honor or moral reason, another group who have less qualms will step on you.
Suvival of the fittest babe

...

Read Kant

So you'll got to heaven?