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comment by cW
cW  ·  2085 days ago  ·  link  ·    ·  parent  ·  post: The 'supply-and-demand model of labour markets is fundamentally broken' ...

And, to throw another wrench in the works, do you think any of that could be reversed with protectionist policy?





kleinbl00  ·  2085 days ago  ·  link  ·  

It comes down to what you want your economy to do. If you want your economy to maximize profits, you're going to get as close to feudalism and slavery as the law will allow. If you want your economy to maximize employment, you're going to skunk the shit out of profits.

Labor vs. Capital, sunrise sunset.