2 ms·
> Can the 95% not working force the 5% to work long hours because there is a desperate need for their skills and talents which are not easily replaceable? Indi
by old-gregg 14y ago
> Can the 95% not working force the 5% to work long hours because there is a desperate need for their skills and talents which are not easily replaceable?
Indirectly, perhaps via taxation. You can look around (at least here in US/CA) to see what may happen. The unemployable ones will be voting for increasingly larger government to "employ" themselves while simultaneously raising taxes on the working to pay for unemployables' retirement.
- eli_gottlieb 14y agoAs Spooky23 pointed out below, their very "unemployability" is also a function of public policies (like employer-linked retirement accounts and health insurance) that continually increase the fixed-costs of each marginal worker, discouraging hiring.