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Reality doesn't care about cost fixing attempts like minimum wage. People will just go around that and restore equilibrium to supply and demand. So long as ex
by Ferret7446 2y ago
Reality doesn't care about cost fixing attempts like minimum wage. People will just go around that and restore equilibrium to supply and demand. So long as excess labor is available, labor costs will be driven down until equilibrium is reached.
You might say "don't treat humans as commodities"; well, reality doesn't care specially about humans; we are just animals even if we like to think we aren't.
- Retric 2y agoYou are proposing a model that doesn’t fit observed reality.