One party can't exploit another without the threat or use of force. If no threat of force is present, then the relationship is voluntary and both parties should accept responsibility for participating in it.
> It might be better than the alternatives but it’s still exploitation.
If a man one thousand years from the future came to visit you, he may very well consider your standard of living absolutely deplorable. But that wouldn't mean you are being exploited. Since no force is being used. See above.
> I simply cannot comprehend how you cannot have empathy in such a situation.
Why would I have empathy for either party in a business transaction? What? This is business. It is as much business for Foxconn as it is for their employees. Let them hash it out.