3 ms·
They are arguing about semantics. The labour market is a free market but not a totally efficient market as some participants use their power over demand or supp
by jsmith99 6y ago
They are arguing about semantics. The labour market is a free market but not a totally efficient market as some participants use their power over demand or supply (huge corporations, unions) to drive different outcomes to a perfectly competitive market where all participants are price-takers.