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Something has to give if a greater share of sales goes to wages and benefits - it's usually the rent. Imagine: not only does labour and the customer benefit fro
by HarryHirsch 3y ago
Something has to give if a greater share of sales goes to wages and benefits - it's usually the rent. Imagine: not only does labour and the customer benefit from better worker protection, the supremely unproductive real estate sector gets a smaller share. Wins for eveyone except the FIRE sector.
- cj 3y agoHadn’t heard of FIRE, in case it helps anyone else: > FIRE refers to a sector of the economy composed of finance, insurance, and real estate