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No, you're telling the customers that their food is subsidized by ultra cheap labor. Of course, higher prices will decrease the number of goods sold, which the
by PatentTroll 9y ago
No, you're telling the customers that their food is subsidized by ultra cheap labor. Of course, higher prices will decrease the number of goods sold, which the free marketers regard as a deadly sin. Rather, when costs are fully internalized, the free market works better! Externalizing costs onto labor by perpetuating a below-living wage is a market distortion held up by government! They should hate it!
- PatentTroll 9y agoAnd to the free marketers who point out that companies could voluntarily pay a living wage, you're not wrong! But it exposes the fault in the free market religion. The market, on a whole, will gladly enslave and abuse a small minority for the benefit of the majority.