this post was submitted on 12 Oct 2023
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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.
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.
Mom and Pop better hire some 7 year Olds ASAP.
*myths