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Often the primary goal of sweatshop bosses is not to maximize their personal wealth but to maximize their relative wealth and status. Those in charge are freque
by GavinB 17y ago
Often the primary goal of sweatshop bosses is not to maximize their personal wealth but to maximize their relative wealth and status. Those in charge are frequently unwilling to make changes that would benefit their net profits because it would give workers too much power and leverage and bring the workers closer to their status.
Violence, intimidation, and misinformation are the tools used to pervert the free market and maintain the status quo.
The free market is a wonderful thing but it's all too often used as the theoretical backstop for situations where the market is actually rigged.