This thesis intends to demonstrate why commercial surrogacy is not morally justifiable. In order to display the implication of the aim, a normative argumentative method is applied. In the analysis, arguments, and possible counter-arguments of ethical issues of exploitation, commodification, individual freedom and estranged labor in context to surrogacy arrangements is outlined. To strengthen the content of the arguments presented the concept of exploitation, commodification together with the harm principle and the Marxian framework of estranged labor will act as the theoretical framework of the thesis. In the analysis, it is shown that global economic inequalities, and social structures of class and gender make the practice of surrogacy exploitative per se and that the surrogate becomes objectified as she as a person and her body is treated as a commodity. Based on these factors, it is concluded that surrogacy cannot be morally justified.