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> If employer A has profit to spare and could make even more profit if he had more employees, what logic would lead him to NOT raise wages and steal workers fro
by bjourne 2y ago
> If employer A has profit to spare and could make even more profit if he had more employees, what logic would lead him to NOT raise wages and steal workers from employer B?
Cause employer B is his buddy and they regularly play together at the golf course? Collusion among the elite classes is extremely common. https://www.washingtonpost.com/news/the-switch/wp/2014/04/23/what-the-apple-wage-collusion-case-says-about-silicon-valleys-labor-economy/ https://www.washingtonpost.com/news/the-switch/wp/2014/04/23...