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by unclebucknasty
4520 days ago
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I could read that two ways and I'm not sure which you intended. 1.) That no matter how cheap we make things, it does no good if the production of those goods causes some to be so much poorer (even down to zero) that they still cannot afford it. If that's what you meant, then we are in agreement. 2.) That we need to make things cheaper however we can, so that the poorest can afford it. If that was your point, then well, that's the paradox. Some are poor (or poorer) because of the measures taken to produce cheap goods. I think you meant 1.) but wasn't sure. |
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I wasn't really thinking too deeply on how the cost of labor affects the price of goods, but I tend to have the general attitude that if everyone in a firm (including management and the owners will accept 0 profits) wants to work for free to make their goods the cheapest on the market, then they are free to do so (and there is a reason you don't see this in our society...it doesn't last long). However, I think it's a crime, and a serious problem when shareholders and top management reap billions in profits off the backs of thousands of wage workers who earn $7.25/hr and then rely on government welfare programs to support themselves...that's basically the government subsidizing cheap labor for big corporations.