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Dear bosses everywhere, (lemmy.ml)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 19 points 2 years ago* (last edited 2 years ago) (1 children)

It's basic game theory and a race to the bottom. They either come together to set a bottom, do it by threat of violence or by law.

Game theory	pay workers less	pay workers more
Go easy on workers	outcompeted	outcompeted
Squeeze workers	profit	outcompeted

[–] [email protected] 4 points 2 years ago (2 children)

Right, people miss this but its literally one of the basic ideas of capitalist production. Mom and Pop might be nice people but the market WILL destroy them if they don't participate in the most cutthroat practices to stay competitive. Forces are at play that supercede the morality of any actor.

[–] [email protected] 1 points 2 years ago

Mom and Pop better hire some 7 year Olds ASAP.

[–] [email protected] -1 points 2 years ago

*myths