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Those things don't constitute a capital strike. Businesses don't suppress wages to strongarm the government, they suppress wages because they want higher profit
by nyssos 3y ago
Those things don't constitute a capital strike. Businesses don't suppress wages to strongarm the government, they suppress wages because they want higher profits. Likewise with prices.
Return to office might be more organizational pathology than rational self-interest, but it's still not an attempt to influence policy.
- sharts 3y ago> Businesses don't suppress wages to strongarm the government, They do threaten to relocate operations overseas. And when they do, the wages paid may indeed be "higher" than average in the new regions.
- bugglebeetle 3y agoMaybe, but there was also bipartisan legislation to crush the rail strike, simultaneous dismantling of pandemic protections on the state and national levels, the removal of the child tax credit, and so on and so forth.