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> In a perfect market system, it's impossible to pay below-subsistence wages, because you can't work if you've starved to death. You might not starve to death
by monochromatic 11y ago
> In a perfect market system, it's impossible to pay below-subsistence wages, because you can't work if you've starved to death.
You might not starve to death if you start committing crimes on the side though.
- analog31 11y agoTrue, and it raises an additional point, which is that an isolated consideration of economics generally overlooks the willingness of people to cooperate with the myriad of written and unwritten rules that govern civil society.