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> Effectively what is happening is that those without power are subsidising the business by supplying them labour below cost. How do you define "cost"?
by vonmoltke 7y ago
> Effectively what is happening is that those without power are subsidising the business by supplying them labour below cost.
How do you define "cost"?
- rocqua 7y agoThe 'cost' of labour is the income required for such labor to maintain itself. I.e. living costs + healthcare costs + groceries & other expenses + a little saving. This is the base cost of a person, and thus the base cost of labour.
- xamuel 7y agoYou're just pushing the bubble around under the wallpaper: who defines "living costs" etc? A person can technically stay alive in extremely spartan conditions.