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Happened before with a guy having a meat processing empire in Germany. The guy is notoriously known for paying below minimum wage and setting the worst working
by Jamesbeam 5d ago
Happened before with a guy having a meat processing empire in Germany.
The guy is notoriously known for paying below minimum wage and setting the worst working conditions possible to maximize profits.
They made a law that forced companies in the meat processing industry to have certain standards if they reach a certain number of employees.
So he opened 250 companies on a weekend and split up the workforce to stay below the limits.
Then they just changed the law to declare multiple entities with below the limit they set under same ownership to become a "super entity" with even stricter regulations.
The government has the monopoly on violence of any form. That does not just include that they can send the police after you to hit you with batons, they can also make sure you’re drowning in administrative work and taxing the shit out of you, and the guy threatened to leave the country and just open meat processing in Poland and Bulgaria as well.
In the end, all his threats to leave the country and just do the whole processing in Poland and Bulgaria were empty. They simply told him someone else will just take over, because the profit was still great after the new regulations, and they were going to ban him from doing business on the German market by simply banning his product for food safety reasons.
This is the same thing with a different product. Investors threaten to no longer invest and build housing, but they will just fall in line and shut up in the end, because capitalism dictates that if you no longer want to make good profits because they took away your ability to make ridiculous profits, someone else will just do your business under the new conditions and gladly take the good money over no money at all.