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by rhelz 536 days ago
// HOWEVER, there is a dire shortage of extremely talented and motivated engineers in America. //

In a free market, there are no shortages. Musk just doesn't want to pay market prices to motivate extremely talented engineers to quit their jobs and work for him.

I can't blame him, really. I try to get the stuff I buy at the cheapest possible price too. Everybody does. But when you mischaracterize the situation in service of manipulating the economy such that very talented engineers DO NOT get free market wages, you cross an ethical line.
2 comments
quantified 536 days ago
We have a surplus of motivated financiers because that's who gets compensated. I think dire shortages are more for health care professionals and teachers, and plain old shortages of police, etc.
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ZuckMusk 536 days ago
[flagged]
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wendyshu 536 days ago
The labor market is not a "free" market. The population is basically fixed, everyone could be employed and there could still be companies that want to hire at the market rate.
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rhelz 536 days ago
// The population is basically fixed //

The whole purpose of markets is to try to satisfy our infinite wants with our finite means. That doesn't argue against a free market.

// everyone could be employed and there could still be be companies that want to hire at the market rate //

Still doesn't argue against it being a free market. There is no limit to how much we want to buy.

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