4 ms·
This isn’t trying to decide the cost of labour. It’s trying to put an approximate low band on the cost of living. And the market does decide on the cost of liv
by lucozade 7y ago
This isn’t trying to decide the cost of labour. It’s trying to put an approximate low band on the cost of living.
And the market does decide on the cost of living. This is attempting to quantify that decision into a practical metric.
Not sure why you’d think this has anything to do with socialism.