So the problem is that labor is too expensive, ergo those lazy bums that work on the line want to much money! It's envy I tell you.
And of course, it's absolutely not the case that the problem is that this fixation on cheap labor has stopped capital investments that could increase productivity.
That we ask them to make bricks without hay only shows that they are lazy, and undeserving of the bread and water we give them. Of course, it's not that we are causing the problem because we're trying to pump up our profits by asking workers the impossible. Because that would suggest that we are engaging in precisely the type of socially harmful rent-seeking behavior that we say that workers asking for a raise are doing. If this were true, our wealth would only come at a cost to society as a whole.
But, no. We are the innovators! If we go on strike, civilization collapses. We are the creators of value. (Note to self, must invent robot slaves.) And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
Do as I say, not as a do. The oldest rule in the book for people who want to stay in power when they can't get their shit together, let alone everyone elses. And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
you are the media you consume.