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> erode the gap between the poor and the rest of society. Why just erode it then? Why not just jump to the end state then and completely eliminate it by deman
by commandlinefan 5y ago
> erode the gap between the poor and the rest of society.
Why just erode it then? Why not just jump to the end state then and completely eliminate it by demanding that everybody get the same wage?
- medvezhenok 5y agoThat makes no sense. Wage market pricing mechanisms are still important for a proper allocation of labor; however, at the ends the market rewards get distorted (aka you get more money the closer you sit to the money printer - software, finance and such are examples of that). What we want to fix is that distortion - and redistribute income that gets misallocated via the Cantillon effect for the good of the general public.