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In that essay Krugman treats wage and working conditions as interchangeable, and I think that's the right approach. Two different jobs with different wages can
by savanaly 8y ago
In that essay Krugman treats wage and working conditions as interchangeable, and I think that's the right approach. Two different jobs with different wages can be equally desirable if one has better working conditions than the other. So to say "Apple should pay more" vs "Apple should have better working conditions" is the same statement, there's no meaningful distinction. Either way the workers would benefit at the company's expense, and the tradeoff between working for, say, Apple vs what the best job there was before Apple built the factory is the same.
- asdff 8y agoI'm not sure what point you are trying to make here? desirability = wage - working conditions? Apple paying marginally more than another job doesn't excuse the working conditions in the factory. There isn't a formula that makes subhuman conditions acceptable.