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Also, labor is relatively inelastic, if you are 'selling' yours. Switching jobs isn't like switching your brand of toothpaste. If workers could truly capitali
by kylestlb 8y ago
Also, labor is relatively inelastic, if you are 'selling' yours. Switching jobs isn't like switching your brand of toothpaste. If workers could truly capitalize on the real value of their labor, nobody would stay at their job for more than 6 months.