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Indeed, "the market". Like its some kind of God, and to obey its whims is morally correct. Maybe it is what "the market" wants, but maybe society has different
by EliRivers 8y ago
Indeed, "the market". Like its some kind of God, and to obey its whims is morally correct.
Maybe it is what "the market" wants, but maybe society has different preferences. We routinely choose to override the market's decisions, and we can do so here as well.
- linuxftw 8y agoThe market is distorted by the government. Smaller, independent companies cannot compete with foreign slave labor. Low tariffs and high domestic taxes is a recipe for large corporations consolidating the supply chain in every industry. Low wages are a symptom of government control, no other reason.
- EliRivers 8y agoLow wages are a symptom of government control, no other reason. In a "true" free-market, whatever that is, there would be no low wages? This seems counter-intuitive. Do you have any evidence or reasoning for this?