this post was submitted on 22 Jun 2023
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Rich Lives matter (libranet.de)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
 

But F the poor I guess

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[–] Limeey 1 points 1 year ago

You're kidding yourself if you think any investor would pay more than the absolutely minimum for labor. That's the issue, regulatory capture impedes labor rights and lets investors and capitalists exploit workers by doing the absolute minimum and nothing more. Any more, and another capitalist can come in and undercut and steal business.

This is why strong labor protections, efficient regulation, and competent governance is an absolute necessity to the growth and wellbeing of citizens beyond "the wealthy"