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The point of this example is that making paper hats creates little to no wealth. No one is going to compensate you handsomely for whatever random activity you c
by closeparen 8y ago
The point of this example is that making paper hats creates little to no wealth. No one is going to compensate you handsomely for whatever random activity you choose - there has to be demand.
- krapp 8y agoA living wage, or even minimum wage, isn't being "compensated handsomely," it's being compensated at least enough to survive. If having someone make paper hats 40 hours a week is a bad business model, that's not the employee's concern. Why should the person running the paper hat making business expect to make a living at it, but not the person making the hats?