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It's just so puzzling to me that so many capitalists have no problem with the laws of supply and demand unless it applies to labor. If there's a shortage of wh
by Sohcahtoa82 3y ago
It's just so puzzling to me that so many capitalists have no problem with the laws of supply and demand unless it applies to labor.
If there's a shortage of wheat, everyone expects the price of bread to go up. Everyone shrugs their shoulders and accepts it.
Shortage of oil? Gas prices go up. It sucks, but that's life.
Shortage of labor? NO, WE CAN'T INCREASE WAGES. UNACCEPTABLE. NOBODY WANTS TO WORK ANYMORE!
- patrick451 3y agoI don't think it's puzzling, at all but is instead smart rhetoric that exploits the protestant work ethic. You get to pay people less, and those people get to pat themselves on the back for their superior work ethic. It strikes me as a similar trade to how we pay teachers and NASA scientists less money because they get increased social standing.