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That 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
by medvezhenok 4y ago
That 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.