4 ms·
Where do we see a desperate race to the bottom? People leave if there's too much competition / low wages in an area. At least in America where the people are no
by HPsquared 1y ago
Where do we see a desperate race to the bottom? People leave if there's too much competition / low wages in an area. At least in America where the people are nomadic.
- Amezarak 1y agoPeople forced to move because of low wages is a societal negative. High population churn disrupts communities, worsens local governance, and causes atomization.
- kaashif 1y agoSuppose a town forms around a coal or gold mine. Then the mines dry up, or demand for what they're mining dries up. There are no jobs and no reason for people to live there any more. If this community ceases to exist, is it a societal negative? And further, will a high minimum wage speed up or slow down the decline of this community?