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by vkou
1747 days ago
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> And companies can't pay better wages because customers are conditioned on cheap meat. Are customers conditioned to cheap meat, or no meat? These customers surely live in a market economy, and understand that no matter how much they may bitch on Facebook, prices... Fluctuate..? The reason nobody wants to raise wages during a labour shortage isn't because they are afraid of hiking prices. Prices hike up all the time. It's because they are afraid of being stuck with high wages after the labour shortage ends. Wages are stickier than prices, and are much more difficult to lower. |
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To cheap and always available meat. Throughout history, a rise in wealth has been closely correlated with a rise in meat consumption (as seen e.g. in China, https://www.theguardian.com/environment/2008/may/30/food.chi...).
> These customers surely live in a market economy, and understand that no matter how much they may bitch on Facebook, prices... Fluctuate..?
And politicians are highly afraid of the public bitching on food prices. Revolutions have often begun with a public pissed off about food prices!
> It's because they are afraid of being stuck with high wages after the labour shortage ends.
The never ending history of "corporate whining": http://leftycartoons.com/2009/09/04/a-brief-history-of-corpo...