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