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No, people should shoulder the burden and when a business model is untenable, there should be a correction which is instantiated by a lack of labor. It's neithe
by brnaftr361 2y ago
No, people should shoulder the burden and when a business model is untenable, there should be a correction which is instantiated by a lack of labor. It's neither the company nor the governments responsibility to dictate what the market will bear, only follow the optimization curve that the charter is architected to. A lot of the problems we see in the modern market are a product of well-intentioned interventions, namely things like welfare that allow for low-wage workers to sustain a long term position at a job that underpays them which is ultimately zero-sum to those individuals which it is supposed to support.
Where interventions need applied to companies, namely conglomerates, they are not and virtually nobody seems to want to discuss this, but it's the bull in the China shop because these monoliths have a unidirectional charter toward profit and infinite coffers by which to affect policy change and ensure that margins can remain relatively extreme without regard to consequences which either the individual or the society in which they operate suffer.