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It's not just amortized supply and demand. We ask, why don't workers go on general strikes? Well small businesses refusing to even try raising wages and prices
by Ericson2314 5y ago
It's not just amortized supply and demand.
We ask, why don't workers go on general strikes? Well small businesses refusing to even try raising wages and prices amounts to a capital general strike.
Employers and employees simply have radically different market power, and that is as fundamental a fact in all economies remotely like ours as any econ 101 supply and demand.