3 ms·
The mining town problem is not a matter of wealth disparity but rather a Monopsony on labour. Only one party owns the mines (usually) and that party rules the t
by astine 17y ago
The mining town problem is not a matter of wealth disparity but rather a Monopsony on labour. Only one party owns the mines (usually) and that party rules the town. Redistribution is not going to help in this case; though, splitting the mine among several owners might.