>Isn’t the market supposed to “correct” in favor of labor in that scenario? The purpose of neoliberalism is to ensure that no matter the actual ratio of supply

>Isn’t the market supposed to “correct” in favor of labor in that scenario? The purpose of neoliberalism is to ensure that no matter the actual ratio of supply to demand, the price of labor will never rise. Must never rise. The basis of this entire economy is low wages.