[theonlybutlet]

Not really in response to your comment, but there is an assumption from those commenting on your post. In that the labour market is a perfect market. When in truth it is far from it. There's systemic issues such as imperfect information, misallocated risk (they don't know what the market rate is for their work/they're too scared to look for another job) , and friction such as monopoly, oligopoly and legislation. And then after all to consider labour isnt your typical resource, people do not simply disapear when they become obsolete, they need to eat.