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So they just choose to rig the market by limiting the supply? I find this motivation, misguided. The more people work, the more prosperous the place is. You ca
by mrtksn 3y ago
So they just choose to rig the market by limiting the supply?
I find this motivation, misguided. The more people work, the more prosperous the place is. You can’t just limit the number of workers and create prosperity because you’re paid in something that you can’t use directly.
Do you think that you can limit the number of workers to 10% of population and get incredibly high salaries, and just tax them so high and distribute the money to the unemployed? If you can do that, then you will have a bohemian society where everyone is having a great time or being paid amazingly. However, you can’t have that your society needs to produce as much as consumes.