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> Well compensated workers mean well compensated customers Exactly, a fat middle class means more economic activity, and services are at a higher standard ove
by ehnto 4y ago
> Well compensated workers mean well compensated customers
Exactly, a fat middle class means more economic activity, and services are at a higher standard overall because people can afford it.
The free market concept applied to labor is a farce, because people have to work to live, people can't vote with their wallets and are forced to take whatever's offered to them. Regulation is required, because history shows us that an entirely free labour market will lead to a race to the bottom, resulting in exploitation and a cheapening of services as no one has money to spend.