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The problem isn't allowing functions to be carried out at a loss, but creating a situation where we reward only companies that underpay as a means to compete. I
by vidarh 2y ago
The problem isn't allowing functions to be carried out at a loss, but creating a situation where we reward only companies that underpay as a means to compete. If you believe it is too expensive to create jobs on the low end, then subsidize all of them, so the most efficient of those companies are not penalized.
The problem is adverse incentives that make it more profitable to do things that harm society.