4 ms·
That’s a wonderful fairy tale from an Econ 101 textbook, but the reality is instead that the state will intervene to lower input costs for the cheese monopoly b
by bugglebeetle 3y ago
That’s a wonderful fairy tale from an Econ 101 textbook, but the reality is instead that the state will intervene to lower input costs for the cheese monopoly by doing things like loosening child labor laws and imposing work requirements for Medicaid.
- vocatus_gate 3y agoWhat the hell are you talking about
- Drakim 3y agoHe is saying that those profitable powerful industries will lobby the government to help increase it's profit though various means. Not enough labor? Instead of paying more to attract talent, lobby the government to legalize child labor.